FINANCIAL NEWS
FOREIGN EXCHANGES
On New Zealand Currency Baris.
The Bank of ”ew South Wales, Wellington .qi'otel tl tollowing rates ; for then purchases au<J sales of foreign exchanges: New Zealand Buying. Selling. on London ... T.T. 124 124/10/£N.Z. to £ stg. 10# . O.D. 123/10/-124/8/9 Australia .. T.T. £A to £lOO O.D. 101 100/10/Fiji T.T £Fto£loOOD; 9?/7,6 89 ! New York . T.T 5.95 i 3.92 1-8, Doi. to £.. CD. 3.97 3.92 5-8 Montreal .. T. 1 3.95 7-8 3.92 3-8 Doi. to £. CD.' 3.97 1-8 3.82 7-8 Austria .. . . T.T. 20.53 Schgs. to £ O.D. 20.00 Belgium .... T.T. -23.180: Frs. to £. O.D. 23.191 Czechoslovak. T.T. 111.80 Crs. to £- O.D. 111.85 Denmark ... T.T. 18.203 17,893 Kr. to £.. O.D. 18.263 17.903 France .... T.T. - 84.25 Frs. to £ . O.D. 84.29 Germany ... T.T. 9.701 R.M. to £ O.D. 9.706 Holland T.T. 7.323 7.173 Fls. to £. O.D. 7.383 7.177 Italy ' I’T.T. 74.46 Lire to £:, O.D. 74.51 Java ’ T.T. 7.281 7.121 Fls. to £ . O.D. 7 341 7.125 Norway ... fr.T. 16.181 15.891 Kr. to £ . O.D. it.2+l 15.901 Sweden ... T.T. 15.785 15. <9O Kr. to £. O.D. 15.845 15.500 Switzerland. T.T. 17.419 17.1.49 Frs. to £. O.D. 17.524- 17.15< Shanghai ... T.T. 17 53-64 18 21-64 d. to 1 dot. O.D. 17 51-64 IS 5-16 Hong Kong. T.T. 18 I.’-64 1° 49-64 d. to 1 dol. O.D. 18 15-64 182 India and Ceylon .. t.t 22 13-32 22 11-16 d. to rupee O.D. 221 3-8 22 43-64 Japan T.. T.— 17 IE 9 2 d. to 1 yen.. O.D. 17 29-64 Singapore .. T.T. 34 23-32 35 13 64 d. to 1 dol. O.D. 34 5-8 35 3-16 The Associated Bankt (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. 1. Dol. Canadian Dol Selling (Per £1 N.Z.) (Per 21 N.Z.) T.T. 3.92 1-8 3.921 O.D. 3.72 5-8 3.93 Buying O.D. 3.97 3.97 1-8 N.Z. Pound Abroad.
Based on figures ,aoted by the Bank of New South Wales the New Zealand pound, compared with its original p ■ value, is equivalent to approximately : 16/1 in London £ 0/1 in Australia. 16/1J in U.S.A. 16/li in Canada. ..13/63 in Frame. 16/li-i in Italy. 9/6 in Germany. 11/9} in Java. £l/*/12 in Japan.
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Taranaki Central Press, Volume IV, Issue 361, 16 February 1937, Page 6
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366FINANCIAL NEWS Taranaki Central Press, Volume IV, Issue 361, 16 February 1937, Page 6
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