FOREIGN EXCHANGES
On Nev/ Zealand Currency Basis. The Bank of New South Wales, Wellington, quoted the following rates for their purchases and sales of foreign exchanges:
The Associated Banks (other than the Bank of New South Wales) quoted the following dollar rates yesterday 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. 3.95 7-8 3.95 11-16 O.D. 3.96 3-8 3.96 3-16 Buying O.D. <l.Ol 11-16 4.00 3-8 N.Z. Pound Abroad. Bas-»d on figures quoted by ths Bank of New South Wales, the New Zealand pound, compared with its original par value, is eluivalent to approximately:— 16/1 in London £l/0/1 in Australia. 16/3 in U.S. 16/3 in Canada. 14/3J in France. 16/3J in Italy. 9/7 in Germany. £l/8/13 in Japan. 11/95 in Java.
New Zealand Buying. Seiling. on 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/- ./- Fiji T.T. — — £F to £100 O.D. 90/7/6 89 New York . . T.T. 3.99.30 3.95.62 Doi. to £. O.D. 4.00 55 3.96 12 Montreal .. T.T. 3.98 33 3.94 85 Doi to £. O.D. 3.99 58 3.95 .35 Austria .... T.T. — 20.68 Seligs, to £ O.D. — 20.70 Belgium .... T.T. — 23.345 Crs to £ .. O.D. — 23.356 Czechoslovak T.T. — . 122:91 Crs to £ .. O.D. — 113.01 Denmark .... T.T. 18.203 17.893 Kr. to £ ... O.D. 18.263 17.903 France T.T. — 88.70 Frs. to £. O.D. — 88.74 Germany T.T. — 9.805 R.M. to £. O.D. — 9.810 Holland . ... T.T. 7.344 7.194 Els. to £ . . O.D. 7.404 7.198 Italy T.T. — 75.30 Lire to £ . O.D. — 75.35 Java T.T. 7.321 7.161 Els. to £ .. O.D. 7.381 7.165 Switzerland . T.T. 17.476 17,206 Frs. to £ . O.D. 17.581 17.211 Norway .... T.T. 16.183 15.893 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 7-8 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. 22 3-8 22 21-32 d. to rupee. O.D. 22 11-32 22 41-64 Japan ..... T.T. — 17 15-32 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
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Taranaki Central Press, Volume IV, Issue 447, 1 June 1937, Page 7
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363FOREIGN EXCHANGES Taranaki Central Press, Volume IV, Issue 447, 1 June 1937, Page 7
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