EXCHANGE RATE
N.S.W, AD J UST.MENTS, (Australian Press Association.! SYDNEY, March 11. As a result of the reduction of the Bank of England re-discount rate, the trading banks here have adjusted rates at which they will buy sterling for all usances, except telegraphic transfers.' The “on demand” rate lias been increased by 2s 6d. Other usances are increased by amounts ranging to 12s 6d. The basic rate of exchange on telegraphic transfers is unchanged.
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Hokitika Guardian, 12 March 1932, Page 5
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74EXCHANGE RATE Hokitika Guardian, 12 March 1932, Page 5
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