FOREIGN EXCHANGES

Taranaki Central Press, Volume IV, Issue 388, 20 March 1937, Page 7

FOREIGN EXCHANGES

On New Zealand Currency Basis. The Bank of New South Wales, Wellington, quoted the following rates for their purchases and sales of foreign exchanges: New Zealand Buying. Selling.

i London ... T.T. 124 124/10/i £N.Z. to £ stg. 100 . O.D. 123/10/- 124/8/9 : Australia .. T.T. -r- ■ £Ato£loo O.D. 101 100/10/- ‘ Fiji T.T. | £F to £lOO O.D. 90/7/6 89 j New York T.T. 3.95 J 3.9111-16 I Doi. to £. O.D. 3.9GJ 3.92 3-16 ■ Montreal .. T.T. 3.94 7-8 3.91 3-8

The Associated Banks (other than the Bank of New South Wales) quoted the following dollai- rates yesterday on a New Zealand currency basis. They are subject to alteration without notice.

Doi. to £. O.D. 3.96 1-16 3.91 7-8 Austria T.T. r— 20.52 Schgs. to £ O.D. — 20.54 Belgium T.T. — 23.1G8 Bel. to £ .. O.D. — 23.179 Czechoslovak. T.T. — 111.56 Cm: to £. O.D. — 111.61 Denmark ... T.T. 18.203 17,893 Kr. to £ .. O.D. 18.263 17.903 France T.T. — 85.29 Frs. to £ .. O.D. — 85.33 Germany .... T.T. — 8.686 R.M. to £ . O.D. — 9.691 rlolland T.T. 7.282 7.132 FIs. to £.. O.D. 7.342 7.136 Italy T.T. — 74.44 Lire to £ .. O.D. — 74.39 Java T.T. 7.245 7.085 Frs. to £ .. O.D. 17.524 17.154 Switzerland . T.T. 17.416 17.149 Frs. to £ .. O.D. 17.524 17.154 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. 17.59-64 18 27-64 d. to 1 dol.. O.D. 17 57-64 IS 13-32 Hong Kong . T.T. IS 19-64 18 51-64 d. to 1 dol. O.D. 18 17-64 18 25-32 India and Ceylon T.T. 22 3-8 22 41-64 d. to rupee. O.D. 22 11-32 22 41-64 Japan ...... T.T. — 17 31-6 4 d. to 1 yen O.D. — 17 15-32 Singapore T.T. 34 23-32 35 13-64 1 d. to 1 dol. O.D. 34 5-8 35 3-16

U.S.A. Doi. Canadian Doi Sellins (Per £1 N.Z.) (Per £1 N.Z.) T.T. 3.91 5-8 3.911 O.D. 3.92 1-8 3.918 Buyins O.D. 3.96J 3.95 7-8