FOREIGN EXCHANGE RATES

Evening Post, Volume CXIX, Issue 31, 6 February 1935, Page 14

FOREIGN EXCHANGE RATES

Closing sight rates, as quoted by the Bank of New South Wales, Wellington, for buying and selling foreign currencies, baßed on Ndw Zealand currency, are as follows:—

February 5. , On On demand, demand. To £1 N. 2. Currency. Buying. !. Selling. London— £ sterl'g to £100 123 10 0 124 7 6 A'tralla—£ Aust. to £100 101 0 0 100 10 0 Fiji—£ Fiji to £100 ... 90 7 6 89 0 0 New York—Dollars to £1 3.9fly a 3.90 Montreal—Dollars to £1 . 3.95% 3.90% France—Francs to £1 .. 60.63 59.08 Noumea—Francs to £1 .. 61.68 58.33 Papeete—Francs to £1 . 61.68 58.33 Belgium—Belgas to £1 .-. 17,359 16.574 Germany—R'marks to £1 — 9.607 Italy—Lire to £1 ........ — 45.77 Switzerland—Florins to £1 12.460 11.995 " Holland—Florins to £1 .. 6.007 5.711 Jay to £1 ..... 5.965 5.694 Japan T.T.—N.Z. pence to •1 yen ................ — — Shanghai—N.Z. pence to . 1 dollar, 20 9-16 2115-16 India and Ceylon—N.Z. ■ pence to 1 rupee 22 9-32 22 11-16 Bong Kane —N.Z. pence to 1 dollar ,2527-33 2731-32 Singapore^-N.Z. pence to 1 ■ / dollar 545-1B 855-18 The above rates are for on demand transactions, excepting the Japanese yen. The £1 is £l in. New Zealand turrency. The rates are" subject to alteration without notice. ~ , Based. on the above rates o£ exchange the value of £1 New Zealand currency in other countries is as follows:— "

Feb. 4. Feb. 5. '■■.£! N.2. , ■ S s. d. E 8. d. London ........ 0 16 1 0 16 1 Australia' ........ 101 10 1 U;S.A. .......... 0 16 0 . 0 16 0 Canada ,. % 0 16 0% 0 16 O^ France .......... 0 9 6 0 9 6 Italy ............ 0 9 lOU'-. 0 9 10% Germany ........ .0 9 4% . 0 0 i% Java 0 9 4% 0 9 4% Japan 1 7 11 1 111