FOREIGN EXCHANGES

Dominion, Volume 33, Issue 192, 10 May 1940, Page 12

FOREIGN EXCHANGES

Position Of Sterlii.'j By Telegraph.—Press Assn.—Copyright. LONDON, May 8. The following mean closing rates on foreign exchanges were current today:— ’ ’ Par. May 8. New York, dol. .. to .£ 4.866 4.03 Montreal, dolto £ 4.860 4.45 Paris, francs to £ 124.21 176$ Brussels, belto £ 48.611 23.925 Geneva, francs .to £ 25.225 17.90 Amsterdam, florins to £ 12.107 7.555 Berlin, marks .... to £ 23.43 — Copenhagen, knr. . to £ 15.159 — Stockholm, knr. .. to £ 23.43 16.90 Oslo, kroner to £ 18.129 — Helsinki, marks . to £ 193.23 — Madrid, pcsto £ 25.225 — Lisbon, escto £ I(X> 110.25 Milan, lire to £ 92 66.50 Athens, dracto £ 375 346 Bucharest, lei to £ 813.00 — Belgrade, dinto £ 276.31 Rio de J., p. to mil 4.99 — B. Aires, p. to pesa .... 47.62 17.175 Monte Video, p. to peso 51 — Calcutta, p. to rup 18 18 Hong Kong, p. to dol. .. 14 29-32 Shanghai, p. to dol. ... — 3$ Yokohama, p. to yen .. 24.582 16 47-64 Batavia, florins to £ .. 12.107 7.44/7.51 LONDON, May 8. Gold. — £B/8/- an ounce fine. Silver. —Spot, 20Jd. an ounce; forward, 22jd.

New Zealand Exchanges

Telegraphic rates of exchange, New Zealand on the overseas centres mentioned, were quoted yesterday by the Bank of New South Wales as follows:—

On. Buying. Selling. New York, (lol. to £N.Z. 3.2542 3.2050 Montreal, dol. . to.CN.Z. 3.6039 3.5290 Belgium, bel. , to £N.Z. 19.421 18.930 France, francs . to £N.Z. 142.01 140.70 Greece, drac. .. to £N.Z. — 424.70 Holland, florins to £N.Z. 0.151 5.904 Italy, lire to £N.Z. — 51.33 Java, florins .. to £N.Z. G.13O 5.916 Switz’land, frs. to £N.Z. 14.532 14.180 H. Kong, N.Z.d. to dol. 18} 18 59-04 India and Ceylon, N.Z.d. to rn p 22 5-32 22 49-04 Japan, N.Z.d. to yen. ... — 21 03-04 Manila, N.Z.d. to peso . 30 9-10 37 7-10 Shanghai, N.Z.d. to dol. — 5 1 -32 ■ Singapore. N.Z.d. to dol. 34 41-04 35 41-04