Rate Change Affects N.Z.
New Zealand is affected by the lift in the Bank of England discount from 6 per cent to 7 per cent. Interest rate on post-ship-ment finance of wool is 8 per cent from yesterday. New New Zealand on London exchange rates from yesterday (with old rates bracketed) are: BASIS £STG 10O—BUYING RATES T.T. 100. 7 6 (Unchanged) Airmail
0/D 99.16. 9 (99.17.6) 3 days 99.14. 6 (99.15.6) 30 days 99. 4 (99. 6.6) 60 days 98.12. 6 (98.16.9) 90 days 98. 1 (98. 6.9) 120 days 97. 9. 6 (97.17.-) SeamaH 0/D 99. 2. (99. 5-) 3 days 98.19. 9 (99. 3. - 30 days 98. 9. 3 (98.14. -) 60 days 97.17. 9 (98. 4. 3) 90 days 97. 6. 3 (97.14. 3) 120 days 96.14. 9 (97. 4. 6) Notes ... 97. 7. 3 (97.10. 3) Selling Rate 101. (Uchg.)
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https://paperspast.natlib.govt.nz/newspapers/CHP19660716.2.194.10
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Press, Volume CVI, Issue 31113, 16 July 1966, Page 18
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143Rate Change Affects N.Z. Press, Volume CVI, Issue 31113, 16 July 1966, Page 18
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