Exchange Rates
The £ strengthened against the principal European currencies, last week, experiencing only a minor loss to the Netherlands. Altered telegraphic transfer rates as advised by the Bank of New South Wales: New Zealand on— New York: buying 2.7902 dollars to £N.Z. (compared with 2.7890 dollars on February 15); selling. 2.7586 dollars (2.7574). Belgium: 139.30 francs (139.20): 136.30 francs (136.26). Canada: 3.0047 dollars (2.9983): 2.9663 dollars (2.9599). Denmark: 19.41 kroner (19.40); 18.99 kroner (same). France: 13.75 francs (13.74); 13.46 francs (13.45). Italy: 1753 lire (1752); 1716 lire (1715). Japan: 1008 yen (1007); 986 yen (985). Netherlands: 10.09 guilders (10.08); 9.87 guilders (same). Switzerland: 12.16 francs (12.14); 11.90 francs (11.88). Western Germany: 11.16 deutsche marks (11.17); 10.92 deutsche marks (10.93). Austria; 72.49 schillings (same); 70.94 schillings (70.92). Bank Advances. Trading bank advances and discounts on February 3 were £219.5in against £216.4m the week before, and £206.1m on February 3. 1964, according to the Reserve Bank.
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https://paperspast.natlib.govt.nz/newspapers/CHP19650223.2.182.9
Bibliographic details
Press, Volume CIV, Issue 30682, 23 February 1965, Page 16
Word Count
154Exchange Rates Press, Volume CIV, Issue 30682, 23 February 1965, Page 16
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