N.Z. EXCHANGE RATE
Alterations On Britain New Zealand exchange rates on London have been altered after the 1 per cent, drop in the Bank of England discount rate. New buying rates (basis £lOO stg.) advised by the Bank of New South Wales yesterday are:—
120 days .. 97 3 6 96 13 9 Selling Rate—£lol 0 0 Unchanged The bank also advises that the rate of interest on post-shipment finance for wool is now 7 per cent., effective as from yesterday. ✓
0VUU1 HdlCS j'cmeiutiy hu New Rate * Old Rate £ s. d. £ s. d. Airmail— ..100 7 6 Unchanged O/D .. 99 17 6 99 16 9 3 days .. 99 15 6 99 14 3 30 days .. 99 5 8 99 3 0 60 days .. 98 15 9 98 11 6 90 days .. 98 5 0 98 0 0 120 days Seamail— .. 97 16 0 97 8 6 O/D .. 99 5 0 99 2 0 3 days .. 99 3 0 98 19 9 30 days .. 98 13 0 98 8 3 60 days .. 98 3 3 97 16 9 90 days .. 97 13 3 97 5 3
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19580322.2.121
Bibliographic details
Press, Volume XCVII, Issue 28542, 22 March 1958, Page 11
Word Count
184N.Z. EXCHANGE RATE Press, Volume XCVII, Issue 28542, 22 March 1958, Page 11
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