FOREIGN EXCHANGES.
MARKED WEAKNESS SHOWN. AMERICAN RATE FALLS AGAIN.' By Telegraph.—Press Assn.—Copyright. Received June 7, 5.5 p.m. New York, June 6. Foreign exchanges are pronouncedly weak, and the sterling is below 3.80 dollars. International bankers are mystified by the decline, but believe it is caused by the Reparations Commission accumulating dollars, and Germany, it is reported, offered to pay fifty million gold marks in New York as the second instalment of the 850 million marks due on May 31.—Aus.-N.Z. Cable. THE LATEST RATES. Received June 7, 5.5 p.m. London, June 6. Following are the current exchange rates, a comparison being given with the last report (June 2) and par:
June G June 2 Par. Paris (fr.) 47.27 46.53 25.255 Stockholm (kr.) .. 16.91 16.94 18.159 Christiania (kr.).. 21.85 25.57 18.159 Berlin (marks) .. 252 250 20.42 Calcutta Is 3%d Is d 2s Yokohama 2s 5%d 2s 5’Ad 2s 0%d Hongkong 2s 6d 2s 5%d 2s Montreal (dol.) .. 4.27 4.38 4.866 Nev- York (dol.) 3.80% 3.90 4.866
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Taranaki Daily News, 8 June 1921, Page 5
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164FOREIGN EXCHANGES. Taranaki Daily News, 8 June 1921, Page 5
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