832.5151/957: Telegram
The Ambassador in Brazil (Caffery) to the Secretary of State
Rio de
Janeiro, January 8, 1938—11
a.m.
[Received January 8—9:32 a.m.]
[Received January 8—9:32 a.m.]
3. My 2, January 7, 2 p.m. The Minister of Finance has just informed me confidentially that the exchange position of the Bank of Brazil has improved so much more rapidly than he expected that it will be possible to resume the sale of foreign exchange on January 10th for the deposits already made in milreis for the purchase of foreign exchange.
Please inform Department of Commerce.
Caffery