FOREIGN EXCHANGES

Taranaki Central Press, Volume IV, Issue 335, 16 January 1937, Page 6

FOREIGN EXCHANGES

: < 4)n New Zealand Cun ency * Be 'IS. « The Bank o£ New South Wales, Wellington .quoted the following rates ffc their purcb/'ses and .sales of I foreign exchanges: Kfcw Zealand B Ing. Selling. •/son a London ... T.T. 124 124/10/£N.Z, to £ Ktg'"loo . O.D. 122 'lO/-124/8/9 Australia .. T.T. £Ato £lOO O.D. 101 100/10/Fiji T.T. - £Fto£lOOO.D. 90/7/6 89 New York . T.T. 3.974 3.93 5-8 Doi. to £. O.D. 3.984 3.94 1-8 Montreal .. T.T. 3.974 3.931 Doi. to £. O.D. 3.984 3.944 Austria .... T.T. 20.63 Schgs. to £ O.D. 20.65 Belgium .. T.T. 23.249 Doi. to £ O.D. 23.260 Czechoslov. . T.T. - Crs. to £. O.D. *112.25 Denmark ... T.T. 18.203 17,893 Kr. to £.. O.D. 18.263 17.903 ’ France .... T.T. 8-1 23 i Fra. to £ O D. 84.27 Germany .. T.T. 9.733 Rm. to £ O.D. • 9.738 Hol la rife T.T. 7.159 Fls. ft £. OY>. 7 161 Italy T.T. 74.71 Lire th £ O.D. 74.76 Java T.T. 7.113 Fls. to £ 4flD. 7.117 Norway ... T.T. 16.181 15.891 Kr. to £ . O.D. 16.241 15.901 | Sweden ... T.T. 15.785 15.490 - Kr. to £. O.D. 15.. 45 15.500 | Switzerland. T.T. 17.089 Frs. to £. O.D. 17 094 ! Shanghai .. T.T. 17 13-16 lb 5-16 d. to 1 dol. O.D. 17 25-32 18 19-64 j Hong Kong.* T.T. 18 5-16 1813-16 I d. to 1 dol. O.D. 8 9-32 18 51-64 j India and Ceylon .. T.T. 22 13 ’2 22 11-16 d. to rupee O.D. 22 3-8 22 43-61 I Japan .... I’.T. 17 31-64 i d. to 1 yen O.D. 1715-3 j Singapore . T.T. 344 3515-64 : d. to 1 dol. O.D. 34 21 32 35 " 32 i

The Associated Banks (other than the Bank of New South Wales) quoted the following dollar rates on Saturday on a New Zealand currency basis. They are subject to alteration without notice. U.S.A. Dol. Canadian Dol. Selling (Per £1 N.Z.) (Per £1 N.Z.) T.T. 3.93 5-8 3.93 5-8 O.D. 3.94 1-8 3.94 1-8 Buying O.D. 3.981 3.98 3-8 N.Z. Pound Abroad. Based on figures quoted by the Bank of New South Wales, the New Zealand pound, compared with its original par value, is equivalent to approximately:— 16/1 in London. ■ £l/0/1 in Australia. 16/2 in U.S.A. ; 16/2 in Canada, i 13/6|d in France. 16/2 in Italy. 9/64d. in Germany. 11/9 in Java. £l/8/14 in Japan.