FOREIGN EXCHANGE

Dominion, Volume 29, Issue 149, 19 March 1936, Page 12

FOREIGN EXCHANGE

On New Zealand Currency Basis DIRECT DOLLAR RATES The Bank of New South Wales, Wellington, quoted the following rates for their purchases and sales of foreign exchange yesterday : —

tionn . The above rates arc subject to alteratins without notice.

The Associated Banks (other than the Bank of New South Wales) quoted the following dollar rates yesterday on a New Zealand currency basis. Tney are subject to alteration without notice.

Position of Sterling By Telegraph.—Press Assn.—Copyright. March 17. The following mean closing rates on foreign exchanges were current to-aay compared with those I’uling on Marell

Gold and Silver. Lon don, March 17. Gold.—&7/1/0J per ounce, tine. Silver.—Cash. 10 5-Sd. per ounce; forward. 19 9-3fid.

New Zealand Buying. Selling. Loudon — £N.Z. to fstg.ioo T.T. 121 124/10/O.D. 123/10/124/8/9 Au.-aralia £A. to £N.Z 1(10 .... T.T 101 100/10/O.D. 161 100/10/Fiji— £F. to £N.Z. 100 T.T. 90/7/6 89 O.D. 90/7/6 89 New York — Doi. to £1 N. /. T.T. 4.021 3.98?3.98; O.D. 1.031 Montreal — Doi. to £1 X. 6. T.T. 4.02s O.D. 1.03S 3.98; 399? Schillings to £1 20.72 X.Z. .... t.t. — O.D. — 20.7-1 Belgium— Bel. to £1 N.Z T.T. — 23.397 O.D. — 23.408 Czechoslovakia — (Jr. to £1 N.Z. T.T. — 94.73 O.D. 94.78 Denmark — Kr. to £.1 X. Z. T.T. 18.203 17.893 O.D. 1S.263 17.903 1? rance— Fr. to £1 N.Z. T.T. 60.09 59.S6 O.D. 61.14 49.90 Germany— 9.801 Mk. to £1 N.Z T.T. O.D. — 9.806 I lollaud— FI. to £1 N.Z. T.T. 5.93 < 5.787 JavaFl. to £1 N. O.D. 5.997 5.791 Z. T.T. . 5.905. 5.745 O.D. 5.965 5.749 Norway— 15.893 Kr. to £1 N.Z T.T. 16.183 O.D. 16.243 15.903 ■ KHo £1 N.Z. T.T. 15.785 15.490 O.D. 15.845 15.500 Switzerland— T.T. 12.331 O.D. 12.436 Noumea— Fr. to £1 X. Z. T.T. 62.49 58.49 O.D. 62.94 58.55 Papeete— 58.64 Fr. to £1 N.Z. T.T. 62.49 O.D. 62.94 58.70 Ilona-Kong— 20 9-16 N.Z. d.' to 1 dol. T.T. IS 13-10 O.D. 18 23-32 20 17-32 India and Ceylon— 22 57-64 N.Z. <1. to 1 run. T.T. 22 9di4 O.D. 22 3-64 22J Japan— N.Z. d. to 1 yen T.T. 17 35-64 O.D. 17 17-32 Shanghai— 18 41-64 N.Z. d. to 1 dol. T.T. 17 17-114 O.D. 17 5-64 18s "x.Z^d. 1 to 1 dol. T.T. 34 25-64 35 29-64 O.D. 34 13-64 35 7-16 T.T represents telegraphic 1 ransfeis. . O.D. represents on demant transae-

. . U.S.A. Canada . 'peril N.Z.) (peril N.Z.) Selling— T.T. . <lols. fiplg. 3.981 3.98’1 6.1). . ..... 3.99 3.99] ' Buying— o.n. . 4.03s 4.03:3

J.U . N. York, dol. to £ Montreal, dol. to V Mar. 17. Mar. Hi. Par. 4.97 3-1(3 4.97 7-10 1:4.830 4.97 3-8 4.!>7.» 4.800 Paris, fr. to AJ 74 55-04 74 55-01 124.21 Brussels, bel. to .C 29.285 29.285 48.1111 Geneva, fr. to £ 15.135 15.135 'j.j.22-1 Amst'dam. fl. to -U 7.2G1 7.201 12.107 Berlin, inks, to AJ 12.29 .12.29 20.43 St’holm, knr. to £ 19.395 19.395 1S.159 C’hageri. knr. to £ 22.395 22.395 18.159 Oslo, knr. to .‘2 19.9(1.7 19.905 18.159 Vienna schgs. to & 2G.25 2H.2.» 34..»S;» Prague, knr. to £ 119.25 119.50 101.25 Hel’fors, inks, to «2 227 — J 4 193.23 Madrid, pes. to V 30.125 oil «J-o~ Lisbon, esc. to .£ 110.125 110.125 11 i)~ Milan, lire to C 02-375 1)2.2<> 92.46 Athens, ilracli. to f~ *,»11 • > 4 J Belgrade, din. to V 217 217 2/0.31 Bucharest, lei to £ •609 •909 813 00 Warsaw, zloty to £ —— — 43 38 Kio de .L, |) to mil Hl 1! i 5.SI19 B Aires, p. to peso "f 35 t35 47. R2 M. Video, p. to peso tot) 9-10 •|39i 51 Calcutta. p. tn rup. IS 1-8 181-8 IS Shanghai, p. to dol. 14.’.14.’- —. II.-Kong, p. to dol. 15} 15} — Y’hania, p. to yen 13 31-32 13 31-32 24 5S2 Batavia, tl. to £ *7 ♦)“> 7.23 12.107 tSellers. official. Seilers. iPnr, S.23 31-32 since dollar devaluation on February 1, 1934.