EXCHANGE RATES
i The New Zealand dollar last Friday was marked up, ; compared with the previous , Friday, against sterling, the United States dollar, and the 'currencies of Japan, France, India, Italy, Denmark, Hong Kong, Fiji, Singapore, Sri Lanka, and Western Samoa. Ground was lost against all other currencies, the [movements against the West ' German mark and the Swiss
franc being quite sharp. Demand selling rates of exchange on Friday on the basis to SNZI.OO as advised by the National Bank were:
Australia (dollari .. 0.9931 Austria (schilling) .. 23.7930 Belgium (franc) .. .. 50.1066 Canada (dollar) .. 1.2705 China (renmibri) .. 2.5295 Denmark (crown) .. 7.7999 Fiji (dollar) .. .. 1.031.5 France (franc) .. 6.1241 C.F.P. (franc) .. 111.3480 Greece (drachma) .. n/a Hong Kong (dollar) .. 6.5202 India (rupee) .. ... 10.3769 Italy (lira) .. .. 859.7616 Japan (yen) . .. 385.0092 Malaysia (dollar) .. 3.0978 Netherlands (guilder) .. 3.4429 Norway (crown) .. 7.0853 Pakistan (rupee' .. 12.7.136 Portugal (escudo) .. 32.7812 Singapore (dollar) .. 3.1211 South Africa (rand) .. 0.8988 Spain (peseta) .. 73.8719 Sri Lanka (rupee) .. 8.6412 Sweden (crown) .. 5.6727 Switzerland (franc) .. 3.7047 Tonga (dollar) .. .. n/a U.S.A, (dollar) . 1.2980 West Germany (mark) 3.3321 West. Samoa (tala) 0.7847
Discount rates on London, on the basis to £l.OO were: selling $1.7921; T.T. buying, $1.7821; O.D. air, $1.7693; O.D. sea, $1.7378; notes, $1.7074.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19741014.2.174
Bibliographic details
Press, Volume CXIV, Issue 33664, 14 October 1974, Page 22
Word Count
196EXCHANGE RATES Press, Volume CXIV, Issue 33664, 14 October 1974, Page 22
Using This Item
Stuff Ltd is the copyright owner for the Press. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Acknowledgements
This newspaper was digitised in partnership with Christchurch City Libraries.