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[ 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