FOREIGN EXCHANGES

Taranaki Central Press, Volume IV, Issue 459, 17 June 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. Seiling. OP London ... T.T. 124 124/10, '■ £N.Z. to £ stg. 100 . O.D. 123/10/- 124/8/9 Australia .. T.T. £A to £lOO O.D. 101 100/';/Fiji T.T. £F to £lOO O.D. 90/7/6 89 New York . . T.T. 3.98,90 3.95.22 Doi. to £. O.D. 3.99.90 3.95.62 Montreal . . T.T. 3.98.92 3.95.44 Doi to £. O.D. 4.00.17 3.95.84 Austria .... T.T. 20.68 Schgs. to £ O.D. 20.70 | Belgium .... T.T. 23.345 I Crs to £ .. O.D. 23.39 4 I Czechoslovak T.T. 122.71 Crs to £ .. O.D. 112.76 Crs to £ .. O.D. 113.01. .Denmark .... T.T. 1,8.203 17.393 Kr. to £... O.D. 18.263 17.903 France T.T. 88.70 Frs. to £. O.D. 88.74 j Germany .. T.T. 9.805 ' R.M. to £. O.D. 9.810 - Holland .... T.T. 7.344 7.153 Els. to £ .. O.D. 7.404 7.17’7 Italy T.T. 75.07 Lire to £ ... O.D. —■ 75.12 i Java T.T. 7.321 7.161 I Els. to £ . . O.D. 7.381 7.133 ' Switzerland . . T.T. 17.476 17.280 | Frs. to £ . O.D. 17.581 17.211 Norway .... T.T. 16.183 15.893 Kr. to £. . O.D. 16.241 15.90) Sweden .... T.T. 15.785 15.490 Kr. to £.. O.D. 15.845 15.500 Shanghai .... T.T. 171 18} Dd. to 1 dol. O.D. 17 23-32 18 15-61 Hong Kong . T.T. IS 7-64 18 39-01 d. to 1 dol. O.D. 18 5-64 18 19-32 India and Ceylon .... T.T. 22 3-8 22 21-32 d. to rupee. O.D. 22 11-32 22 41-61 Japan T.T. 17 15-32 d. to 1 yen O.D. 17 29-64 Singapore .. T.T. 34 23-32 35 13-64 di. to 1 dol. O.D. 34 5-8 35 3-16 The Associated Bt.nks (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. 3.95 5-16 3.95 7-16 i O.D. 3.96 13-16 3.96 15-16 Buying O.D. 4.00 1-8 4.00 3-16 N.Z. Pound Abroad. Bas-»d on figures quoted by the Bank of New South Wales, the New Zealand pound, compared with its wri ginal par value, is eiuivalent to ap proximately: 16/1 in London £l/0/1 in Australia.' 16/3 in U.S. 16/3 in Canada. in France. 16/3 in Italy. 9/7} in Germany. . £l/8/13 in Japan. 11/9} In Java.