FOREIGN EXCHANGES

Dominion, Volume 32, Issue 154, 25 March 1939, Page 14

FOREIGN EXCHANGES

Position Of Sterling By Telegraph.—Press Assn. —Copyright. LONDON, March 23. The following mean closing rates on foreign exchanges were current today compared with those ruling on March 22: Par. Mar. 22. Mar. 23.

Gold.—£7/8/5 an ounce, fine. Silver. —Spot, 20d. an ounce; forward, 19J<1. On New 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 Bunks (oilier than the Bank of New South Wales) quoted the following dollar rates yesterday on a New Zealand currency basis. They are subject to alteration without notice

N. York, (lol. to 45 4.8G0 4.68 9-1 6 4.68 13-32 Montreal, dol. to £ 4.860 4.70J 4.703 Paris, francs to £ 124.21 176 53-64 170 53-64 Brussels, bel. to £ 48.811 27.825 27.845 Genera, , fr. to £ 25.225 20.81 20.805 Amst’dam, fl. to £ 12.107 8.82 8.81 i Berlin, mks. to £ 23.43 11.71 11.70 C’hagen, knr. to £ 18.159 28.40 28.40 St’holm, knr. to £ 23.43 15.42 15.42 Oslo, knr. to £ 18.159 19.50 19.50 Hels'ki, mks. to £ 193.23 226.75 226.75 Prague, knr. to £ . Madrid, pes. to £ 134.25 — — 25.225 — — Lisbon, esc. to £ 100 110} 110.1 Milan, lire to £ 92 891-16 89 1 -16 Athens, drac. to £ 375 547.50 547.50 Bucharest, lei to £ 813.80 ■360 660 Belgrade, din. to £ 278.31 209 209 Rio de J., p. to mil. 4.99 3 1-16 3 110 B. Aires, p. to pesa 47.62 20.305 20.30 11. Video, p. to peso 51 ISA ISA Calcutta, p. to rup. 18 17 31-32 17 31-32 Shanghai, p. to dol. 18 — —— H. Kong, p. to dol. — 14 29-32 14 Y'hama, p. to yen 24.582 14 14 Batavia, fl to £ 12.107 8.805 8.805 LONDON, March 23.

Selling. on London T.T. 124/7/6 125 £N.Z. t 0 £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/ too Fiji ..... T.T. 00 88/12/6 £F to £N.Z. 100 O.D. 'JO 88/I2/6 New York ; T.T. 3.7763 3.7:130 Doi. to N.Z . O.D. 3.7813 3.7340 .Montreal T.T. 3.7892 3.7492 Doi. to £N.Z. . O.D. 3.7979 3.7302 Belgium T.T. 22.492 22.182 Bel to £N.Z. . O.D. 22.567 22.187 Denmark T.T. IS. 140 17.830 Krn. to £N.Z. . O.D. 18.200 17.S32 Finland T.T. 184.79 178.99 .Mks. to £N.Z. O.D. 185.19 179.09 France . T.T. 143.06 140.56 Frs. to £N.Z. . O.D. 144.31 140.58 Germany T.T. — 9.289 Mks. to £N.Z. . O.D. - 9.291 Greece .. T.T. 429.20 Drac. to £N.Z. O.D - 429.35 Holland T.T. 7.167 7.017 FIs. to £N.Z. . O.D. 7.207 7.019 Italy ... T.T. - 70.97 Lire to £N.Z. . O.D. - 70.99 ,] ava T.T. 7.146 6.996 FIs. to £N.Z. . O.D. 7.186 6.998 Norway T.T. 16.126 lu.836 Krn. to £N.Z. . O.D. 16.186 15.839 Noumea T.T. 145.56 138.81 Frs. to £N.Z. . O.D. 147.06 138.85 Papeete T.T. 114.96 138.96 Frs. to £N.Z. . O.D. 146.46 139.00 Sweden T.T. 15.732 15.437 Krn. to £N.Z. . O.D. 15.792 15.440 Switzerland T.T. 16.842 1.6.572 Frs. to £N.Z. . O.D. 16.942 10.o75 Hong Kong T.'l is 27-114 18 51-64 N.Z. d. tn Doi O.D. 18 25-64 18 51-64 India and Ceylon T.T. 22-} 22 17-32 N.Z. d. to Rup. O.D. 22 7-32 22 17-32 T.T. 17 37-64 N.Z. d. to Yen O.D 17 37-64 Manila .. T.T 3135-64 32} N.Z. d. I to Peso O.D 3129-64 32| Shanghai T.T. - 11 1-32 N.Z. d. to Doi. . 0 D. - 11 1-32 Singapore . T.T. 34 31-64 34 31-32 N.Z. d. to Doi. . O.D. 34 25-64 34 31-32 South Africa ... T.'l’. 123/7/6 125 £N.Z. t o £S.A. too . O.D. 123 125

U.S.A Canadian dollars. dollars. Selling(Her N '/»■ > .Pit UN.Z.J. T.T. •» 7‘2? 3.73 J O.V. O.72g 3.74 J BuyingO.D. 3.78 3-16 3.7'4