Exchange rates
The New Zealand dollar was marked down last week against Australian, U.S. and Canadian dollars, Japanese yen and the Swiss franc; it gained on most other currencies, including sterling. Demand selling rates on Friday on the basis to NZI.OO as advised by the National Bank were:
Australia (dollar) .. 0.9834 Austria (schilling) 25.1420 Belgium (franc) .. 54.2640 Canada (dollar) .. 1.4030 China (renmibui) .. 27720 Denmark (crown) .. 8.5190 Fiji (dollar) 1.1619 France (franc) .. .. 7.0380 C.F.P. (franc) .. 128.3460 Greece (drachma! .. 43.5020 Hong Kong (dollar) 7.3410 India (rupee) .. 11.2120 Italy (lira) .. 917.3600 Japan (yen) .. 402.5100 Malaysia (dollar) .. 3.4300 Netherlands (guilder) .. 3.7300 Norway (crown! .. .. 7.6770 Pakistan (rupee) .. 14.5690 Portugal (escudo) .. 35.2940 Singapore (dollari .. 3.4790 South Africa (rand) .. 0.9748 Spain (peseta) .. 83.0560 Sri Lanka (rupee) .. 9.3710 Sweden (crown) .. 6.1930 Switzerland (franc) .. 4.1600 U.S.A, (dollar) . . 1.4593 West Germany (mark) 3.5380 West. Samoa (tala) .. 0.8835
Discount rates on London on the basis to £l.OO were: selling $1.6542; T.T. buying $1.6417; O.D. air buying $1.6243; O.D. sea $1.5896; notes $1.5618.
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Bibliographic details
Press, Volume CXIV, Issue 33538, 20 May 1974, Page 16
Word Count
161Exchange rates Press, Volume CXIV, Issue 33538, 20 May 1974, Page 16
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