0 the standard unit of currency in Switzerland and several other countries, eg in some parts of Africa where French is spoken. It was formerly the unit of currency in France and Belgium before the introduction of the euro. -- Frăng, đơn vị tiền tệ ở Pháp, Bỉ, Thụy Sỹ
There had been fears earlier in the year of a franc devaluation and of its likely sideeffects on sterling.
Table 2 above showed that the total value of the work undertaken by the family (1,298 francs) was approximately equivalent to its profit (1,294 francs).
As a result, confidence in their ability to manage the country's finances evaporated, and with it the value of the franc.
Between 1914 and 1920 colonial subscriptions to government loan issues raised almost 614 million francs.
In 1964, its loans totalled 147.9 million francs.
Nevertheless, in cash terms annual expenditure on meat products ranked second after bread (275 francs).
Although no stabilisation credits were employed, central bank co-operation deserves some credit in the stabilisation of the franc.
In 1960 and 1961, 4 million and 10 million francs respectively had been allocated to supersonic research.
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