FOREIGN EXCHANGES

Dominion, Volume 32, Issue 157, 29 March 1939, Page 12

FOREIGN EXCHANGES

Position Of Sterling

By Telegraph.—Pro- xssn •-■ ■iiiyrtzht. LONDON, March 27.

Tlie following mean closing rates on foreign exchanges were current today compared with those ruling on March 25:

LONDON. March 27. Gold.—£7/8/51 an ounce, fine. Silver—Spot, 19 15-l(Sd, an ounce; forward. 19gd. (Received Match 28, 5.5 p.m.) NEW YORK. March 27. Sterling is quoted at 4.685-16 dollars to tlie £•

On New Zealand Currency Basis

The Bank ot New South M’ales, Wellington, quoted the following rates for their purchases and sales of foreign exchange yesterday : — New z.eaiauu Buying, Selling.

£ N.Z. to AiS.A 100 O.D Ihe Associatrju Banks, (other than the Bank of New South Wales) quoted ’he following dollar rates yesterday on <i New Zealand currency basis 'they «re <ul»jecf to alteration wiilioui uouve U.JS.A Canadian dollars. dollars. Selling- fpcr‘ZN.Z.l Por’iNZ.) T T 3.721 3. O.D. 3.72* 3.71 Buying- „ _ n .. O.D. 3.78 1-1 B 3.79 i

Par. Mar. 25. Mar. 27. N. York. dol. io £ 4.8AH 4.681 4.0’8 9-32 Hod [real, dol. to £ 4.800 4.70 5-16 4.701 Paris, francs to £ 124.21 176 59-64 176 51 -64 Brussels, bel. to £ 18.011 27.835 27.84 Genera, fr. to £ 2«j.223 20.825 20.834 Amst’dani, fl. to £ 12.107 8.82 3-16 8.81} Berlin, niks. to £ 23.43 11.67 11.67} C’liagen, knr. to £ 18.15!) 22.40 22.40 St'holm, knr. to £ 23.43 10.40 19.40 Oslo, knr. to £ 18.159 19.90 19.90 llels'kl, inks, to £ 193.23 226.75 226.75 Prague, knr. to £ 134.25 — — Madrid, pes. to £ 25.225 — — Lisbon, esc. to £ 100 1101 110} Milan, lire to £ y 2 89 1-16 89 1-16 Athens, drac. to £ 375 34<.30 547.50 Bucharest, lei to £ 813.00 ii;o 660 Belgrade, din. to £ 270.31 209 209 Bio do J.. p. to mil. 4.99 I 10 I -to B. Aires, p. to »esa 47.62 20.31 20.31 H. Video, p to peso 51 16 i Is} Calcutta, p. to rup. 18 17 31-32 17 31-32 Shanghai, p. to dol. 18 — 11. Kong. p. to dol. — 14 20-32 14 29-32 Y'haina, p. to yen 21.582 14 14 Batavia, 11. to £ 12.107 8.80 8.79

on London T.T. 121/7/0 125 £N.Z. to £stg. 100 P.O. 123/18/9 121/19/0 Australia T.T. 100/10/100 £A to £N.Z. 100 O.D. 100/10/100 n'lji T.T. 90 88/12/0 £F to £N.Z. 100 O.D. 90 88/12/0 New York T.T. 3.77'53 .3.7320 I>ol. to £N.Z. • O il.3.7803 3.7330 Montreal T.T. 3.7905 3.7505 Doi. to £N.Z. . O.D. .3.7992 3. i.>15 22.4S7 22.177 Bel, to £.N'.Z. . O.D. 22.5112 22.182 Denmark T.T. Its. 1 +0 17.830 Krn. to £N.Z. O.D. 18.200 17.832 ['inland T.T. 184.79 178.99 Mks. to £N.Z. O.ll. 185.19 179.09 France T.T. 143.01 140.51 Frs. to £ N.Z. . O.D. 144.29 140.56 Germany T.T. — 9.269 .Mks. to £N.Z. . O.ll. —— 9.271 Greece T.'r — 429.20 Drac to £N.Z. O.D - 429.35 Holland T.T. 7.191 7.011 - FIs. to £ N.Z. . O.D. 7.201 7.013 Italy T.T — 70.97 Lire to £ N.Z. . O.D. — 70.99 Java -. T.T. 7.138 6.988 Pls. to £N.Z. . O.ll. 7.178 6.990 Norway T.T. 16.126 15.836 Krn. to £N.Z. . O.D. 16.186 15.8.39 Noumea T.T. 145.54 138.97 Frs. to £N Z. . O.ll. 147.04 1.3S.S.3 Papeete T.T. 14-1.114. 138.94 Frs to £N.Z. . O.ll. 1411.44 138.98 15.733 .15.438 Krn. to £ N.Z. . O.ll. 15.793 15.411 Switzerland T.T. 16.S5S 1II.5S8 Frs Io £ N.Z. . O.D. 1(1.958 16.591 Ilona Kong . T.T 18 27-64 lb 51-64 N.Z. d Io Del. D D IS 25-64 18 al 64 India and Ceylon T.T. 22 17-04 22 35-61 N.Z. it. to Rup. O.O. 22 15-64 22 .35-64 .la pan •• T.T N.Z. d to Yen O.D 17 37-61 17 37-64 Mil tula .... T.T 31 35-04 32J N.Z. d. to Peso < > D 31 29-64 3-i Shanghai T/I —- N.Z. il. to Hol. O 0 11 • ••»- Singapore T.T .14.31 -64 31 31-32 N.Z. tl. Io Pol O.ll .34 2.J-64 South A IT tea 1 • • 123/7/6 125