FORWARD EXCHANGE
J'A.iiEW: arrangement: in regard;,to :the forward buying rate of ■■ exchange came into operation in Australia on'-6th March. The new arrangement is that the: spot rate .qf!',f 130;\vill be.offered, as. \ forward buying rate for. bills on London for six weeks ahead. It is considered that .this ■ conces-. feibn by the :banks (will-:be/of1 particular; advantage to exporter's of. butter, ■'. meat; skins, apples, and-other'produce. ; • •••••■-
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/EP19310319.2.130.3
Bibliographic details
Evening Post, Volume CXI, Issue 66, 19 March 1931, Page 16
Word Count
63FORWARD EXCHANGE Evening Post, Volume CXI, Issue 66, 19 March 1931, Page 16
Using This Item
Stuff Ltd is the copyright owner for the Evening Post. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.