| Description | Exchange of cables between central banks; Argentina's sterling above 1 million on a Special Account in name of Banco Central to be guaranteed against any fall in the value of sterling in relation to gold; special accounts opened for other banks, Jun 1940, with similar guarantees. Arrangements summarised, 20 Sep 1940, folio 249a. Discussions with Argentina about trade during second year of World War Two. Possibility of United Kingdom covering a deficit by selling holdings of Argentine securities or Argentine railway bonds and shares. Exchange rate questions. Particular exchange control cases. Payments arrangements, Argentina/Paraguay/United Kingdom (UK). United Kingdom purchases of maize and meat from Argentina and sales of cotton textiles. Sterling transfers between Bolivia and Argentina, and Brazil and Argentina. Payment arrangements for oil supplied by Shell to Argentina. United Kingdom invisible payments to Argentina: comparison of estimates by the two central banks. |