EXCHANGE RATES.

Auckland Star, Volume LXX, Issue 203, 29 August 1939, Page 6

EXCHANGE RATES.

STERLING VALUES DROP. 1 DOLLARS IN DEMAND. FRANC REMAINS STEADY. i _____ (Received 10 a.m.) LONDON, August 28. The pound sterling is quoted at 4.17V4 to the American dollar and the' French franc at 175%. Prior to the latest war crisis the pound ■terlin# had been steady in recent months at just over 4.68 to the American dollar and the French franc at 176%. The decline is reflected in the daily quotations issued by the local trading fonnks. NEW ZEALAND QUOTATIONS. Following are the latest rates for purchases and aalea of foreign exchange quoted by the Bank of New South Wales, Auckland. They are aubject to alteration without notice To, £1 N.J!. On Demand. Currency. T.T. Buying. Selling. U.S.A., dollar* 3.3220 3.4082 3.3230 Canada, dollar* 3.4233 ,3.0840 3.4203 Belgium, belga 10.401 sll.oßo 19.466 • Denmark, kr. . Nominal Flnl'd, if. mks. 3.607 33.097 3.707 France, franc . 134.13 147.90 134.17 Germany, r.m. Nominal Greece, drach. . 387.000 — 388.140 Holland, fl. ... 6.006 6.880 i.OOB ltuly, lire .... 63.11 — «»•" Java, fl 6.000 «.8."0 6.068 Norway, kr. .. Nominal Noumea, franc 128.40 160.6.) 12j>.44 Papeete, franc 123.15 187.65 126.19 Sweden, kr. ... Nominal Swltierland, fr. 14.638 16.088 14.641 N.a. pence to— Hongkong, dol. Nominal India A Ceylon, rupee 23 3-32 21 21-32 23 3-32 .Tapan. yen ... 18 B-64 — 18 5-64 Shanghai. Uol. Nominal Singapore, dol. 36 13-64 33 22-32 36 13-64 S.A., £X.Z. to £5.A,100 124/17/- 122/17/- 124/17/London 125 123/18/9 124/19/6 Australia 100 100/10/- 100 FIJI 88/12/6 90 88/12/6 •Nominal.