EXCHANGE RATES.

Auckland Star, Volume LXVI, Issue 35, 11 February 1935, Page 4

EXCHANGE RATES.

N.Z. CURRENCY BASIS.

DOLLAR RATES INCLUDED.

The rates given below arc the basis on which the Bank of New South Wales is prepared to do business in the buying and selling of foreign exchanges. The foreign currency is expressed in terms of New Zealand funds, and two rates are quoted generally, one for transactions on a telegraphic basis, and the other for on .demand or mail settlement. These rates are subject to alteration without notice. To-day's Rates. The abbreviations T.T. indicate "telegraphic transfers," and O.D. "on demand." London— Buying. Selling. *-f60 £ T.T. 124 12.10/ lU ' O.D. 123 10/ 121 7/0 £ 100 .T.T. 101 100 10/ F £ J 'to" N.Z. £ 100 . T.T. 00 7/0 80 O.D. 00 7/0 SO New York — Dollars to £1 N.Z. . T.T. 8.00 J 3.0 B O.D. 3.07 a 3.00 A Montreal— Dollars to £1 N.Z. . TT. 8.051 3.01 3 O.D. 3.00;; 3.0i4 France— Francs to £1 N.Z. . T.T. 00.27 58.07 1 O.D. 00.57 50.02 Noumea — Francs to £1 N.Z. . T.T. 01.22 55.22 O.D. 01.02 08.27 Papeete— Francs to £1 N.Z. . T.T. 01.22 05.22 O.D. 61.02 58.27 Belgium— Belgas to £1 N.Z. . T.T. 17.230 10.530 O.D. 17.330 10.554 Germany— Relchmarka to £1 N.Z T.T. — 0.550 O.D. — 0.501 .ItalyLire to £1 N.Z. . . T.T. — 45.00 O.D. — 45.04 Switzerland — Francs to £1 N.Z. . T.T. 12.373 11.073 O.D. 12.448 11.083 HollandFlorins to £1 N.Z. . T.T. 5.040 5.000 O.D. 5.000 5.703 Florins to £1 N.Z. . T.T. 5.015 5.000 O.D. 5.005 0.004 Japan— N.Z. pence to 1 yen T.T. — 17 21-32 O.D. — — Shanghai— N.Z. pence to 1 dollar T.T. 217-10 22 25-32 O.D. 21 0-10 22 23-32 India and Ceylon— N.Z. pence to 1 rupee T.T. 22 13-32 223 O.D. 22 0-32 22 11-10 Hongkong—■ N.Z. pence to 1 dollar T.T. 20 3-8 27 7-10 O.D. 20} 27 3-8 Singapore— N.Z. pence to 1 dollar T.T. 34 7-10 35 3-8 O.D. 34 0-10 30 0-10