FOREIGN EXCHANGES

Dominion, Volume 32, Issue 150, 21 March 1939, Page 12

FOREIGN EXCHANGES

Position Of Sterling By Telegraph.—Press Assn.—Copyright. LONDON, March IS. The following mean closing rates on foreign exchanges .were current today compared with those ruling on March 17: — Par. Mar. 17. Mar. 18.

LONDON, March 18. Gold.—£7/8/61 an ounce, fine. Silver.—Spot, 20d. an ounce; forward, 19 13-l Gd.

On Neiv Zealand Currency Basis

The Bank of New South Wales, Wellington, quoted the following rates for their purchases and sales of foreign exchange yesterday:—

The Associated Banks? (otliei than the Bank of New South Wales) quoted the following dollar rates yesterday oo a New Zealand currency basis They are subject to alteration without notice

Wunderlich Ltd. Wunderlich. Ltd.. Sydney, have advised the Wellington Stock Exchange lhat transfer books of the company at Sydney ami Melbourne will be closed from April 14 till April 27, both days inclusive.

N. York, dol. to £ Montreal, dol. to £ 4.860 4.860 4.68 3-16 4.705 d.GSi 4.70} Paris, francs to £ 124.21 176 55-64 176 57-64 Brussels, bel. to £ 48.611 27.835 27.835 Geneva, fr. to £ 23.225 20.685 20.09 Imst’dam, fl. to £ 12.107 8.82 8.82 Berlin, niks. to £ 23.43 11.665 11.675 C’hagen, knr. to £ 18.159 28.40 28.40 Bt’holm, knr. to £ 23.43 15.42 15.42 Oslo, knr. to £ 18.159 19.50 19.50 Hels'ki, inks, to £ Prague, knr. to £ 193.23 226.75 226.75 134.25 — — Madrid, pes. to £ 25.225 —• — Lisbon, esc. to £ 100 110i 1101 Milan, lire to £ 92 89 89 1-16 Athens, drac. to £ 375 547.50 517.50 Bucharest, lei to £ 813.60 660 660 Belgrade, din. to £ 276.31 209 209 Rio de J., p. to mil. 4.99 3 1-16 3 1-10 B. Aires, p. to pesa II. Video, p. to peso 47.62 20.285 20.305 51 181 ISi Calcutta, p. to rup. 18 17 31-32 17 31-32 Shanghai, p. to dol. IS . — —— EL Kong, p. to dol. •— 14 29-32 14 29-32 Y’hama, p. to yen 24.5S2 14 14 Batavia, fl. to £ 12.107 8.805 8.805

New Zealand Buying. Selling. on London T.T. 124/7/0 125 £N.Z. to £stg. 100 O.D. 123/18/9 124/19/6 Australia T.T. 100/10/100 £A to £N.Z. 100 O.D. 100/10/100 Fiji T.T. 00 8S/12/0 £F to £N.Z. 100 O.D. 00 88/12/6 New York T.T. 3.7753 3.7320 Doi. to £N.Z. . O.D. 3.7803 3.7330 Montreal T.T. 3.79155 3.7565 Doi. to £N.Z. . O.D. 3.8052 3.7575 Belgium T.T. 22.484 22.174 Bel. to £N.Z. . O.D. 22.559 22.179 Denmark T.T. 18.140 17.830 Krn. to £N.Z. . O.D. 18.200 17.832 Finland T.T. 184.79 178.99 Mks. to £N.Z. . O.D. 185.19 179.09 France T.T. 143.08 140.58 Frs. to £N.Z. . O.D. 144.33 140.60 Germany T.T. - 9.205 Mks. to £N.Z. . O.D. — 9.207 Greece T.T. 429.20 c > r > — 429.33 Holland T.T. 7.164 7.0.14 FIs. to £N.Z. . O.D. 7.204 7.016 Italy T.T. 70.94 Lire to £N.Z. . O.D. - 70.96 J avn T.T. 7.14'’ 6.992 FIs. to £N.Z. . O.D. 7.182 6.994 Norway Krn. to £N.Z. . T.T. 16.126 O.D. 16.186 15.836 15.S39 Noumea T.T. 145.58 13S.83 Frs. to £N.Z. . O.D. 147.08 138.87 Papeete T.T. 144.98 138.98 Frs. to £N.Z. . O.D. 146.48 139.02 Sweden T.T. 15.751 15.456 Krn. to £N.Z. . O.D. 15.811 15.-159 Switzerland T.T. 16.744 16.474 Frs. to £N.Z. . O.D. 16.844 16.477 Hong Kong .... T.T. 18 27-64 18 51-64 N.Z. d. to Doi. O.D 18 25-64 18 51-6-1 India and Ceylon T.T 2217-64 22 35-64 N.Z. d. to Rup O.D 2215-04 22 35-64 Japan T.T 17 37-64 N.Z. d. to Yen O.D 17 37-64 Manila T.T. 31 35-64 321 N.Z. d. to Peso 0 D 31 29-64 324 Shanghai T.T. - 11 1-32 N.Z. d. to Doi. O.D. - 11 1-32 T.T 34 33-64 35 N.Z. d. to Doi. O.D 34 27-64 35 South Africa .... T.T. 123/7/6 125 £N.Z. to £S.A. 100 O.D. 123 125

U.S.A dollars Uanadl.'iu dollars. Selling— i Per £ N'.Z. > ■ Per £ N.Z.I T T. 3.721 3.74 3-1(1 O.D. 3.7-14 Buying— O.D. 3.78 1-10 3.80}