EXCHANGE RATES
The New Zealand dollar last week declined against most European currencies—those of France, Italy, Sweden, and Switzerland excepted—lndian and Sri Lankan rupees, and the currencies of South Africa, China, and Hong Kong. It was marked up against all other currencies.
Demand selling rates on Friday, on the basis to SNZI.OO as advised by the National Bank were:— Australia (dollar) .. 0.9915 Austria (schilling) . • 23.1819 Belgium (franc) .. .. 48.7805 Canada (dollar) .. 1.2807 China (renmibui) .. 2.469*-' Denmark (crown) . • 7.5838 Fiji (dollar! .. .. 1.0305 France (franc) .. • • 6.0503 C.F.P (franc) ■■ 110.0061 Hong Kong (dollar) . - 6.4129 India (rupee) .. . ■ 10.4072 Italy (lira) .. ■ ■ 865.0485 Japan (yen) .. ■ ■ 386.6884 Malaysia (dollar) •. 2.9832 Netherlands (guilder) .. 3.3655 Norway (crown) ■ • 7.0310 Pakistan (rupee) .. 12.8479 Portugal (escudo) .. 32.4740 Singapore (dollar) .. 2.9977 South Africa (rand) .. 0.8899 Spain (peseta) ■■ 73.6152 Sri Lanka (rupee) -. 5 ® 6 ® o Sweden (crown) ■ • <5.6031 Switzerland (franc) ■ . 3.6446 USA (dollar) ■■ ■■ 1.2992 West Germany (mark) .. 3.2696 West. Samoa (tala) .. 0.7854 Discount rates on London on the basis to £l.OO were: '.selling $1.7869; T.T. buying i $1.7769; OD air $1.7629; O.D. (sea $1.7283; notes $1.6981.
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Bibliographic details
Press, Volume CXIV, Issue 33700, 25 November 1974, Page 20
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171EXCHANGE RATES Press, Volume CXIV, Issue 33700, 25 November 1974, Page 20
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