MALACAÑANG
Manila
BY THE PRESIDENT OF THE PHILIPPINES
Proclamation No. 340
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 beaffixed.
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
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