FOREIGN EXCHANGE
On New Zealand Currency Basis LATEST QUOTATIONS •rhe Bank of New South Wales, Wellington, quoted the following rates for their purchases and sales of foreign exchange on Monday:—
T.T. represents telegraphic transfers. O.D. represents on demand transactioThe above rates are subject to alteration without notice. New Zealand Pound Abroad Based on the rates quoted on Monday by the Bank of New South Wales, £1 New Zealand was worth approximately: 16/1 in London. £l/0/1 in Australia. 16/1} in U.S.A. 16/- in Canada. 9/6} in France. 9/10} in Italy9/5} in Germany. 9/5} in Java. £l/7/10 in Japan.
Buying. Selling. France — Francs to £1 N.Z T.T. O.D. 00.03 60.93 59.33 59.38 Noumea — Francs to £1 N.Z T.T. O.D. 61.58 61.98 58.58 58.63 Papeete— Francs to £1 N.Z T.T. O.D. 61.58 61.98 58.58 58.63 Belgium— ' Belgas to fl N.Z T.T. O.D. 17.268 17.368 16.568 16.583 Germany— Reicbmarks to £1 N.Z. T.T. O.D. 9.638 9.643 Italy— Lire to £1 N.Z T.T. O.D. — 45.60 45.64 Switzerland — Francs to £1 N.Z T.T. O.D. 12.443 12.518 12.043 12.053 Holland — Florins to £1 N.Z T.T. O.D. 5.990 6.040 5.7405.744 JavaFlorins to £1 N.Z T.T. O.D. 5.947 5.997 5.722 5.726 Japan— N.Z. pence to 1 yen T.T. — 17 21-32 t Shanghai— N.Z. pence to 1 dollar T.T. 20| O.D. 201 21 11-16 21| India and Ceylon— N.Z. pence to 1 rupee T.T. O.D. 22 9-32 22 5-32 22| 22 9-16 Hong-Kong— N.Z. pence to 1 dollar T.T O.D 25 7-16 25 5-16 261 26 7-16 Singapore— N.Z. pence to 1 dol. T.T. O.D. 34 7-16 34 5-16 35J 35 5-16
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Dominion, Volume 28, Issue 83, 2 January 1935, Page 12
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262FOREIGN EXCHANGE Dominion, Volume 28, Issue 83, 2 January 1935, Page 12
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