FOREIGN EXCHANGES

Evening Post, Volume CXXIII, Issue CXXIII, 10 April 1937, Page 12

FOREIGN EXCHANGES

Closing sight rates as quoted by the Bank of New South Wales, Wellington, today for buying and selling foreign currencies, based on New Zealand currency, were as follows:— , .

On demand. On demand. • Buying. . Selllnc New'Zealand on ' • ■ ' &' *■ A- e •• d0..^: 123 10 0 124 • t AlSi alU.T**.!!.**?." "I o o.iooio o Fiji—£F to £X.Z. 100 . 90 7 S 89 0 0 Ne^York-DoUars to £ Mnn.real-DoHar, to £ Aiislila—Schillings to £ N.Z. 1 , - 2°-3j Belgium—Belgas to £ N.Z. 1 — 23.2j1 cr^ kii -. c:?™ - .Wnr.-Kronerto £ Kmiii-a— Francs to £N.Z. ! — 87.33 Ucrmnny—KeiclmiarliS to , £N.!i. 1 — s-~-0 Holland—Florins to £ N.Z. 2 >t 7.3i>4 ■ 7.11a Italy—Lire to. £N.Z. 1. — 71.60 Java-Florins to £N.Z. STz yT KmneI ..t0...* 10.242 15.003 inr7. K:™.°:... l. <:...f ». 8 « i 5 . 505 S«lt7erlnnd—Francs to £ X.Z. 1 ".389 17.219 Xnumea — Francs to £ x;z. i. ;...... — ■ i ■ sa.os 1'an-fle-Kranr-s lo £ N.Z. 1. ■ ........ — 86.13. Flnai! Knne—N.Z pence to 1 dollar 18 1T-6I 18 23-32 India nnd Ovlnn —N-Z. pence to 1 rupee .... 22 11-32 22 41-61 Jap;in-.N.Z. PPnc? lo 1 ,- ,, ' yen .. • — 17 1S"3J Shanehal—N'.Z. pence to 1 dollar " 27-32 IS 23-01 Sincnnnri! —N Z. oenco .to . 1 dnllaT ••■ **% 353-IH Chefnn—N.Z. pence to , 1 dollar 17 3-16 18 15-32 The above rates are for on demand transactions. The £1 is £1 in New Zealand currency. The rates are subiect to alteration without notice. ■Based on the figures quoted by the Bank of New South Wales *he New Zealand pound, compared with its original par value, is equivalent to approximately:— £ s. d. 0 10 1 In London. 10 1 In Australia. 0 l(i 1% In U.S.A. 0 1G 1% In Cnnaila. Oil 0V> In France. O.lfi H4 In llaly. 0 II 6 in fiermany. 0 11 8% -in J.ira. 1 8 1VV In Japan.