EXCHANGE RATES.

Auckland Star, Volume LXV, Issue 307, 28 December 1934, Page 4

EXCHANGE RATES.

NEW ZEALAND CURRENCY BASIS. The Bank of New South Wales has arranged to supply daily quotations of the basis upon whicn it .s P re P are f business in the purchase and sale of the foreign exchanges shown below. The foreign currency is expressed in terms of New Zealand funds, .and. two rates are quoted generally, one for translates aie J telegraphic basis, and the !EVa4 n d r n ster?o without notice. To-day's Rates. The abbreviations T.T. indicate "tele; U'„ H-nnßfprs " and O.D. "on demand, graphic tianbleis, an BuyJng- Sel i lng . France • T T c 0.76 59.40 francs to £1 >.Z. . A.I. _ y 51 Noumea-- T T G1 71 38 .71 Francs toil 2s-Z. • 58 .76 • ££ sa •■SSK""* • S£ 80 Germany— Kelchmark3 to £1 _ g 65S f O.I>! — 0-663 Italy— T T — 43.09 Lira-to £1 N.Z. .. T.T. _ 45t78 ■SSSBfe* ■ USfS 'ffifitr. £1 X* • T.T- ».00» MJJ "lJrln«to£lK.Z..T.T. 5.003 5.T3S to 1 yen T.T. - 17_21-32 Shanghai— N tlla P r n f?.. to ..' T.T. 19 29-32 201 O.D. 19 20-32 20 3-16 India and Ceylon—• N.Z. pence to 1 _ ■ „„ „„ rupee T.T. 22 5-16 22 21-32 O.D. 22 3-16 22 19-32 Hongkong—N.Z. pence to 1 dollar T.T. 251 26 5-16 O.D. 23 1-8 261 Singapore—■ N.Z. pence to 1 dollar .. T.T. G4 7-16 3u 3-8 O.D. 34 5-16 35 5-16 FOREIGN QUOTATIONS. (British Official Wireless.) RUGBY, December 2Z Foreign exchanges on Lnndon to-day, compared with rates previously quoted:— Dec. 27. Dec. 24. Par. Montreal, dol. . 4.90 i 4.89J 4.8G6 New York, dol. 4.93f 4.94J 4.866 Paris, franc .. 74 25-32 75 29-32 124.21 Brussels, belga 21.05 21.12 35 Geneva, franc . 15.24 15.26 25— Amsterdam, fl. 7.30 7.303 12.107 Milan, lire 57 23-32 57 26 32 92.46 Berlin, r.m. ... 12.28 12.30 20.43 Prague, kr. •• 11S 118.50 164.25 Madrid, ifes. .4 36 3-32 36 5-32 25.221 Bucharest, lei . 490 492.50 813.0 M'video, dol. .. 39.625 39.125 Old Shanghai, taels 1611-16 16.50 * Hongkong, dol. 20.625 /20 7-16 * All quotations are for cable transfers. "Determined on the price o£ silver. Other rates are unchanged. CUSTOMS ASSESSMENTS. Rates of exchange ruling at the announced dates of departure of the vessels named are shown in the following table. They are subject to confirmation by the Customs Department when the exact time of departure is learned on arrival of the vessels in New Zealand, finally declared rates being marked*: — Niagara, Canada, dollars *4.83 ; Niagara, America, dollars *4.99 City of Glasgow, Canada, dollars . . *4.87 City of Glasgow, America, dollars . . *4.99 Golden Stare. America, dollars .. 4.97 7-16 Svdnev Maru. Japan, yen 14 1-32 Canadian Britisher, Cr.nada, dol'.ars 4.843 Mariposa. America, dollars 4.94 l-l<i DOLLAR AND FRANC. (Eeceived 9.30 a.m.) LONDON, December 27. The American dollar is quoted at 4.03 13-]G to the pound sterling, and the franc 7i 13-16.