EXCHANGE RATES.

Auckland Star, Volume LXVI, Issue 294, 12 December 1935, Page 4

EXCHANGE RATES.

NEW ZEALAND QUOTATIONS.

Following are the latest rates for pur rlinses and sales of foreign ex eh.in're. quoted by the Hank of New South Wales. Auckland". They are subject to alteration without notice :—

To £1 N.Z. On Demand. Currency. T.T. Buying Selling. I New York, dollar 3.fMSf 3.fing 3.931 Montreal, dollar 3.99 4.032 3.f'9S Austria! sch. .. 20.G7 — 20.fifl Belgium, belga - — 23.202 C.-Slovakia, or 95.17 — Denmark, kroner 17.878 15.218 17.558 France, franc .. 59.2(1 OO.SG 59.31_ Germany, r.m. . 9.030 — 9.035 Holland, florin 5.720 G.f'23 5.7..0 Java, florin .... 15.098 5.973 5.70Norway, kroner 15.870 10.240 15.880 Sweden. kroner 15.459 15.829 15.4G9 Switzerland, fr 12.029 12.504 12.039 Noumea, franc 58.51 01.91 58.50 Papeete, franc 58.51 01.91 58.50 Hongkong, d. In? 20 13-16 199-1G 20 29-32 India and Ceylon d. to rupee .. 22 23 32 22 7-32 22 21 32 Japan, d. to yen 17 11-10 — 17 43-04 Shanghai, d. to.* 18 19-32 17.125 18 37-04 Singapore, d. to ?35 9-32 34 7-32 35 7-32 JAVA RATE. (Received 11 a.m.) LONDON, December 11. Batavia, 7.23% florinsFALL IN SILVER. AMERICAN POLICY. LONDON, December 10. An apparent siulden change in the United States policy of buying silver at a fixed price has caused confusion on the London market, which, faced with an offering of 5,000,000 ounces from the Far East, waited for the usual buying orders from America. These, after a delay of three hours, proved lower than usual, with the result that the London quotation, after months of stability, fell to 2/4% an ounce.