EXCHANGE RATES.

Auckland Star, Volume LXVI, Issue 51, 1 March 1935, Page 4

EXCHANGE RATES.

FOREIGN QUOTATIONS. STERLING SLIPS FURTHER^ (British Official Wireless.) (Received 1.15 p.m.) RUGBY, February 28. Foreign exchanges on London to-day, compared with rates previously quoted:— Feb. 28 Feb. 27. Par. MontreaL dol. . 4.844 -4:66} '.. 4,866 New Xork, dol. 4.85J 4.86 1-16 4.866 Paris, franc .. 72 57-64 73 3-16 124.21 •Brussels, belga 20.551 - 20.061 35 Geneva, franc . 14.85 ' 14:92 25.22 Amsterdam, fl. 7J.Oi .7.141 12.107 Milan, lire .... 5613-16 '57 92.46 Berlin, r.m.. ..-. ILS7 . . . 12.03 i ,20.43 Stockholm, kr.' 19.391 19.391 151159 Copenhagen, kr. 22.391 i -22.301 j 18.159 Oslo, kr. .....' 19.901 19.901 18.159 Vienna, sen. ..26 26 • 34.585 Prague, kr. .... 135 3-16 115.375 • 164.25 Helsingfors,mk. 226.50 226.50 129.23 Madrid, pes.,.. ,33 3-16 , 35 3-16 25.221 Lisbon, escu. .. 110.50 110.50 110 Athens, dr. ... 509f 510f' 375 Bucharest, lei . 4SO , . .aSO- 813.6 Rio. mil 4.25t 4.25t 5.9 d B. Ayres, dol. . 35t 35t 47.62 d M'video, d 01.... 40.50f 40.375f 61d ■ Bombay, rupee 18 5-32 18 5-32 18d Shanghai, taels 19 10 • Hongkong, dol. 22 15-16 18.75 * Yokohama, yen 14 1-32 141-32 24.58 P-atavia, fl. ... T.lli 7.12J 12.10 Warsaw, zlotys 25.62 — 43.3S Belgrade, din. . — 224 276.31 All quotations are for cable transfers. •Determined on the price of silver. tSellers. DOLLAR AND FRANC. (Received 1 p.m.) LONDON, February 28. The American dollar is quoted at 4.85 13-16 to the pound sterling, and the franc at 73V&. DOLLAR RATES. The Associated Banks (other than the Bank of New South Wales) quoted the following dollar-sterling rates March 1, 1935, which are subject to alteration without notice: — U.S.A. Canada. Conversion of dollar bills received for collection and sale of dollar drafts and telegraphic transfers 4.82 4.83 Purchase of dollar bills .. 4.80 4.57 On a New Zealand currency basis these rates are equivalent to: — Selling— U.S.A. Canada. Telegraphic transfers .. 3.57J 3.57J On demand 3.571 3.SSi Buying— On demand .- 3.932 3.941 NEW ZEALAND QUOTATIONS. Following are the latest rates for purchases and sales of foreign exchange quoted by the Bank of New South Wales, Auckland. They arc subject to alteration without notice :—• Currency. T.T. On Demand. To £1 N.Z. Selling. Bnying. Selling. London, £100 stg. 124 10/ 123 10/ 124 7/0 A us., £ to £100 100 10/ 101 100 10/ Fiji, £ to £100 89 90 7/6 89 U.S.A 3.87J 3.933 3.87} Canada 3.SSi 3.931 3.882 France, fr. .... 57.90 59.50 57.95 Noumea, fr 57.15 00.55 57.20 Papeete, fr 57.15 60.55 57.20 Belgium, belga . 10.1H7 16.097 16,212 Germany, r.m. .. 10.211 — 10.216 Italy, lire 44.97 — 45.01 Switzerland, fr. 11.751 12.22f> 11.761 Holland, fl 5.593 5.883 5.507 Java. ft. 5.585 5.860 5.559 S.Z. d. to Jap. yen 17 11-16 — — Shanghai, doL . 24 11-32 22.875 24 9-32 India, rupee ... 22 23-32 22 7-32 22 21-32 Ceylon, rupee .. 22 23-32 22 7-32 22 21-32 Hongkong, dol. . 29 5-32 27 15-1G 29 3-32 Singapore, dol. . 35 11-32 31.25 35 9-32

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*: — Port Auckland, Canada, dollars ... *4.88 Port Auckland, America, dollars ... *4.87 Golden Bear, Canada, dollars *4.8S Golden Bear, America, dollars *4.87 Walruna, Canada, dollars *4.89 Walruna, America, dollars *4.57 Melbourne Mara, .lapan, yen .... 14d Fiscus. Canada, dollars 4.87S Canadian Victor, Canada, dollars.. 4.SSJ Exchange rates for Continental goods, ex the Tainaroa, have been fixed as at January 14.

£1 IS WORTH. Based on the rates quoted to-day by the Bank of New South Wales, £1 New Zealand is worth approximately:— £ s. d. In London 0 16 1 In Australia 1 0 1 In V.S.A 0 16 0 In Canada 0 16 02 In France 0 9 6 In Italy 0 9 9J In Germany 0 9 41 In Java 0 9 4 J In Japan 1 7 9