[ PROCLAMATION NO. 340, September 24, 1952 ]

AMENDING PROCLAMATION NO. 134, DATED JULY19, 1949, AS AMENDED BY PROCLAMATION NO. 151, DATED OCTOBER 15, 1949, PROCLAMATION NO. 199, DATED AUGUST 4, 1950, PROCLAMATION NO. 304, DATED JANUARY 29, 1952, AND PROCLAMATION NO. 305, DATED MARCH 11, 1952, BY PUBLISHING THE LATEST VALUES OF CERTAIN FOREIGN CURRENCIES FOR PURPOSES OF THE ASSESSMENT AND COLLECTION OF CUSTOMS DUTIES.



Pursuant to the authority vested in me by Republic Act No. 77 and upon the recommendation of the Secretary of Finance, I hereby amend Proclamation No. 134, dated July 19, 1949, asamended by Proclamation No. 151, dated October 15, 1949, Proclamation No 304, dated August 4, 1950, Proclamation No. 304, dated January 29, 1952, and Proclamation No. 305, dated March 11, 1952, by publishing the latest values of certain foreign currencies for purposes of the assessment and collection of customs duties, as follows:

 

Country

Unit

Equivalent in
U.S. Currency

Equivalent in
Philippine
Currency


Canada

Dollar

1.03

2.06


Chile

Peso

.032

.064


Ethiopia

Dollar

.402

.804


France

Franc

.003

.006


Indo-China

Piastre

.048

.096


Japan

Yen

.003

.006


Poland

Zloty

.0025

.0050


Yugoslavia

Dinar

.0033

.0066


Uruguay

Peso

.6583

1.3166

In witness whereof, I have hereunto set my hand and caused the seal of the Republic of the Philippines to be affixed.

Done in the City of Manila, this 24th day of September, in the year of Our Lord, nineteen hundred and fifty-two, and of the Independence of the Philippines, the seventh.

(SGD.) ELPIDIO QUIRINO
President of the Philippines

By the President:

(SGD.) MARCIANO ROQUE
Acting Executive Secretary