EXCHANGE RATES
Dollar weaker over all The New Zealand dollar lost ground to almost all currencies last week, except to the Canadian dollar, which was very weak, and the currencies of Pakistan, Portugal, Hong Kong and Denmark. Demand selling rates of exchange on Friday—on the basis to SNZI.O0 —as advised by the National Bank of New Zealand, were:— Austria (schillings) .. 27.3370 Belgium (francs) .. 52.0580 Canada (dollars) .. 1.1697 Denmark (kroner) .. 8.1710 France (francs —financial) 5.9130 — (francs-commercial) 5.9280 C.F.P. (francs—financial) 107.6260 Fiji (dollar) .. .9970 Hong Kong (dollar) .. 6.6790 India (rupee) .. .. 9.3880 Italy (lira) .. .. 689.7600 Japan (yen) .. 353.4100 Netherlands (guilders) .. 3.8110 Norway (kroner) .. 7,8430 Pakistan (rupee) .. 13.0430 Portugal (escudos) .. 31.7540 Singapore/Malaysia (dollar) .. 3.2350 South Africa (rand) .. .9239 Sri Lanka (rupee) .. 7.8250 Sweden (kroner) .. 5.6080 Switzerland (francs) .. 4.4820 West Germany (marks) 3.7790
Discount rates on London, on the basis to £l.OO were: Selling $1.9798; T.T. buying $1.9673; O.D. air buying $1.9519; O.D. sea buying $1.9251; notes $1.8914.
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Bibliographic details
Press, Volume CXII, Issue 33066, 6 November 1972, Page 22
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153EXCHANGE RATES Press, Volume CXII, Issue 33066, 6 November 1972, Page 22
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