Chapter 645: Rewards and Tests

"The frantic devaluation of the Franc is a matter we cannot help but worry about, and we must prevent other countries from following France's example in devaluation of currency," discussed a Ministry of Finance officer at the diplomatic talks between the United Kingdom and Australasia, expounding on the risks that currency devaluations in other nations posed to British and Australasian interests.

You see, compared to the somewhat unstable French currency, the value of both the British Pound and the Australasian Dollar remained fairly steady.

They had certainly experienced devaluation, but the rate of it mostly stayed below 10%, which was an entirely acceptable margin.

But the Franc was different. If the purchasing power of the Franc before the war was considered 100%, then now it has dwindled to less than 25% of its former value.

Before the war, 25 Francs could be exchanged for 1 Pound, and the exchange rate between the two had been relatively stable.