FINANCIAL NEWS
EXCHANGES Oft Mew Zealand Currency Basis. wA Wellington .quoted the following fates for their purchases and sales of f orergiS^exchanges: New Zealand Buying. Sellings on London ... T.T. 124 124/10/»£ar.a. to £ «stg. 100 . O.D. 123/10/-124/8/9 •Australia .. T.T. ; £A to £lOO O.D. 101 100/10/Jgji T.T. # £F to £lOO O.D. 90/7/C 89 New York . T.T. 3.97 i 3.93 5-8 *Dol to £. O.D. 3.98?- 1-8 Montreal .. T.T. 3.974 3.93 5-8 *DoI. to £. O.D. 3.98 i 3.944 Austria . .. T.T. 20.68 * Seligs, to £ O.D. 20.70 ... T.T. 23.254 s Dol. to £ O.D. —• 23.265 Czeehoslov. . T.T 112.20 Crs. to £. O.D. 112.25 Denmark ... T.T. 18.203 17,893 #Kr. to £.. O.D. 18.263 17.903 Wanee .... T.T. 84.23 »Frs. to £ O.D. 84.27 Scrmany .. T.T. 9.733 jRm. to £ O.D. 9 738 Holland .. T.T. 7.157 to £. 0.0. 7.161 f1ay*..’..... T.T. 74.71 Lire.to £ C.D. ■ — 74.76 Java ...... T.T. 7.101 Fls. to £ O.D. 7.105 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. 15.845 15.500 Switzerland. T.T. 17.089 Frs.lto £. O.D. 17.094 Shanghai .. T.T. 1713-16 18 5-16 1 doL O.D. 17 25-32 18 19-64 Hong .Kong. T.T. 18 5-16 18 13-16 i doL OD - 18 9-32 13 51-64 India 1 'and £®’lhn .. T.T. 22 13-32 2211-16 sj. to rupee O.D. 22 3-8 22 43-64 .... T.T. 17| cl. -to 1 yen O.D. 17 31-64 . T.T. 34 23-32 35 3-16 Jef 1 dol. O.D. 31 5-8 35 3-16 L. ' 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 7-8 O.D. 3.94 D 8 3.94 3-8 Buying O.D: 3.98 J 3.984 N.Z. Found Abroad. Based on figures quoted by the Bagk %f New South Wales, the New pound, compared with its origfHM par value, is equivalent to approximately:— 16/1 in London. •“"£l/0/1 in Aust: alia. 1 Iff? in U.S.A. in Canada. 13/<i3d in Frauce. IWZ- in Italy. /n Ge many. Z I’Ty.ii; in Java. £l/8/1 in Japan.
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Taranaki Central Press, Volume IV, Issue 337, 19 January 1937, Page 6
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339FINANCIAL NEWS Taranaki Central Press, Volume IV, Issue 337, 19 January 1937, Page 6
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