FOREIGN EXCHANGE

Dominion, Volume 29, Issue 300, 15 September 1936, Page 12

FOREIGN EXCHANGE

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

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

Position of Sterling Bv Teivgraph—Press Assn.— Cuo.vriirbr. Bon don. September 12. The following mean closing rates ot foreign exchanges were current to-day compared with those ruling on September 11:—

vseners. otneiai ’sellers. JPar. 8.23 31-32 since dollar devaluation on February 1. 1934. Oold nnd Silver. London. September 12. Gold.— £6/17/6 per ounce, fine. Silver.—Spot. 19Jd. per ounce; forward, IW.

New Zealand Buying. Selling. on London — £N.Z. to fstg.100 T.T. 124 124/10/O.D. 123/10/124/8/9 Australia— £A to £N.Z. 100 .. • T.T. 101 100/10/O.D. 101 100/10/- ■ Fiji— £F. to £N.Z. 110/7/6 89 100 ... T.T. O.D. 90/7/6 89 New York — 4.054 Doi. to £1 N.Z. T.T. 4.094 O.D. 4.109 4.06 Montreal — Doi. to £1 N.Z. T.T. 4.09 4.054 O.D. 4.1CQ 4.06 Austria — Schillings to £1 N.Z. ... T.T. —— 21.13 O.D. — 21.15 Belgium— Bel. to £1 N.Z. T.T. 23.930 O.D. 23.941 ('zectioslovaki.'i — Cr. to £1 N.Z. T.T. 97.39 O.D. — 97.44 1 tonmark— 17.893 Kr to £1 N.Z. T.T. 18.203 O.D 18.263 17 903 France — Er. to £1 N.Z. T.T. 61.47 O.D. —- 61.51 Germany— 10.027 Mk. to £1 N.Z. T.T. O.D. —— 10.032 Holland— 5.938 Fl. to £1 N.Z. T.T. — O.D. — 5.942 Italy— Lr. to £1 N.Z. T.T. 51.45 O.D. — 51.50 Java — 5.906 Fl. to £1 N.Z. T.T. —— O.D. — 5.910 Norway— Kr to £1 N.Z. T.T. 16.181 15.891 O.D. 16.241 15.901 Sweden— Kr. to £1 N»Z. T.T. 15.785 15.490 O.D 15.845 15.500 Switzerland— Fr. to £1 N.Z. T.T. — 12.377 O.D. — 12.382 Noumea— Fr. to £1 N.Z. T.T. 60.10 O.D. —- 60.16 Papeete— Fr. to £1 N.Z. T.T. —— 60.25 O.D. — 60.31 Hong-Kong— N.Z. d. to 1 dollar .. T.T. 17 55-64 IS 55-64 O.D. 17 40-G4 18 53-64 Ind'a mid Ceylon— N.Z. d. to 1 rupee ... T.T. 22 9-6-1 22 57-64 O.D. 22 3-64 22} - Japan— N.Z. d. to 1 yen .... T.T. — 17 41-64 O.D. — 17S Shanghai— N.Z. d. to 1 dollar .. T.T. 17 9-32 18 9-32 O.D. 17 3-32 18 17-64 Singapore— N.Z. d. to 1 dollar ... T.T. 34 27-64 35 31-64 O.D. 34 15-64 35 15-32

U.S.A. Doi. Canadian Doi. (Peril N.Z.) (Peril > I.Z.) Selling — T.T. 4.05.1 4.05,5 O.D. 4.00 4.00J Buying— O.D, 4.10J 4.10i!

Sept. 12. Sept. 11. Pa r. N. York. dol. to £ 5.0515-16 5.05 15-16 14.866 Montreal, dol. to £ 5.05 7-8 5.05 7-8 4.866 Paris, fr. to £ 70 55-04 7655-64 124 21 Brussels, bel. to £ 20.955 20.055 48.611 Geneva, fr. to £ 15.53 1 15.52} 25.225 Amst’dani. fl. to £ 7.455 7.45} 12407 Berlin, inks, to £ 12.5.8 12.58 20.43 St’holm. knr. to £ 10.305 19.395 18.159 C’hagen. knr. to £ 395 22.395 18.159 Oslo. knr. to £ ton 19.90 18.159 V’ienn:i, schgs. to £ 26.75 26.75 . 34.585 Prague, knr. to £ 122 5-10 122 5-10 164.25 TTel'fors. inks, to £ 227 227 l 193.23 Madrid, pos. to £ 58.30 58 25.225 Lisbon, esc. *o £ 110 3-16 110 3-10 I itT" Milan, lire to £ 04 5-16 64 5-16 92.46 Athens, drfech. to £ •531 ♦531 375 Bucharest, lei to £ •677 ♦l >77 813.60 Belgrade, din. to £ 224 276.31 Rio de J., p. to mil t41 5.899 II Aires. p to peso 135 47 62 M. Video, p. to peso tiw* 13.8} 51 Calcutta. p. to nip. IS 1-R IS 1-S 18 Shanghai, p to dol. t4 5-in 14 5-16 — FT.-Kong. p. to dol. 14 13-16 1413-16 — Y’haina, p. to yen 14 3-64 14 3-64 24.582 Batavia, fl. to £< 7.423 7.43 12.107 official •Sellers.