FOREIGN EXCHANGES
On New Zealand Currency Basis. The Bank of New South Wales, Wellington, quoted the following rates tor their purchases and sales of foreign exchanges:
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. Doi. Canadian Doi. Selling (Per £1 N.Z.) (Per £1 N.Z.) T.T. 3.91 J 3.91 J O.D. 3.92 3.92 Buying O.D. 3.96 3-8 3.961-8 N.Z. Pound Abroad. Based on figures quoted by ths Bank of New South Wales, the New Zealand pound, compared with its original par value, is eiuivalent to approximately:— 16/1 in London £l/0/1 in Australia. 16/1 in U.S.A. 16/1 in Canada. 13/9 in France. 16/0J in Italy. 9/53 in Germany. 11/8| in Java. £l/8/1$ In Japan.
New Zealand on Buying. Selling. London T.T. 124 124/10/£N.Z. to £ stg. 100 . O.D. 123/10/-124/8/9 Australia .. T.T. — — £A to £100 O.D. 101 100/10/Fili T.T. — __ £F to £100 O.D. 90/7/6 89 New York .. T.T. 3.95 3.91 7-16 Dol. to £ . O.D. 3.96$ 3.91 15-16 Montreal ... T.T. 3.94 15-16 3.91 7-16 Dol. to £. O.D. 3.96 3-16 3.9115-16 Austria T.T. — 20.53 Schgs. to £ O.D. — 20.55 Belgium .... T.T. — 23.144 Bel. to £ . O.D. 23.155 Czechoslovak. T.Tv -- 111.56 Crs. to £. O.D. — 111.61 Denmark ... T.T. 18.203 17,893 Kr. to £.. O.D. 18.263 17.903 France T.T. 85.40 Frs. to £. O.D. — 85.44 Germany ... T.T. ' — 9.685 R.M. to £. O.D. — 9.690 Holland .... T.T. 7.284 7.134 FIs. to £ .. O.D. 7.344 7.138 Italy T.T. — 74.30 Lire to £.. O.D. — 74.35 Java T.T. 7.229 7.069 FIs. to £ .. O.D, 7.301 7.085 Switzerland T.T. 18.389 17.119 Frs. to £ .. O.D. 17.494 17.124 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 Shanghai .... T.T, 17 29-32 18 13-32 d. to 1 dol. . O.D. 17 1-8 18 25-64 Hong Kong . T.T.'18 19-64 18 51-64 d. to 1 dol. O.D. 18 17-64 18 25-32 India and Ceylon T.T. 2213-32 22 11-16 d. to rupee. D.D ; 22 3-8 22 43-64 Japan T.T. — d. to 1 yen O.D. — 17 15-32 Singapore T.T. 34 23-32 3513-64 d. to 1 dol. O.D. 34 5.-8 35 3-16
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Taranaki Central Press, Volume IV, Issue 382, 13 March 1937, Page 8
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353FOREIGN EXCHANGES Taranaki Central Press, Volume IV, Issue 382, 13 March 1937, Page 8
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