FOREIGN EXCHANGES

Dominion, Volume 30, Issue 114, 8 February 1937, Page 12

FOREIGN EXCHANGES

Position of Sterling By Telegraph.—Press Assn.—Copyright. London, February 5. The following mean closing rates on foreign exchanges were current to-day compared with those ruling on February 4:—

February 5. Gold.—£7/2/2$ an ounce, fine. Silver.—Spot, 20 l-16d. an ounce; forward, 20d. (Received February 7, 6.30 p.m.)

London, February 6. Gold.—-£7/2/Isd an ounce, fine. Sterling exchange, London on New York, 4.89$ dollars, on Paris 105 5-32 francs, on Batavia, 8.895.

On New Zealand Currency Basis

The Bank of New South Wales, Wellington. quoted the following rates for their purchases and sales of foreign exchange on Saturday:—

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

Par. Feb. 4. Feb. 5. N. York, dol. to £ 44.866 4.89} 4.89} Montreal, dol. to £ 4.866 4.895 4.89} Paris, fr.. to £ 124.21 105 7-64 105 9-64 Brussels, bel. to £ 48.G11 29.025 28.991 Geneva, fr. to £ 25.225 21.10 21.415 Amst’dam, fl. to £ 12.107 8.935 8.931 Berlin, inks, to X? 20.43 12.165 12.155 St’holm, knr. to £ 18.159 19.395 .19.395 C’hagen, knr. to £ 18.159 22.40 22.40 Oslo, knr. to £ 18.159 19.00 19.90 Vienna, schgs. to £ 34.o8j 26.50 26.50 Prague, knr. to £ 164.25 140.375 140.25 Hel’fors, mks. to £ 193.23 226.50 226.50 Madrid, pes. to £ 25.225 —— Lisbon, esc. to £ 110 1U0 3-16 110 3-16 Milan, lire to £ 92 93 93 Athens, drac. to £ 375 *5474 *5474 Bucharest lei to £ 813.60 *670 *670 Belgrade, din. to £ 276.31 213 213 Rio de J., p. to mil. 5,899 44} f4} B. Aires, p. to peso M. Video, p. to peso 47.62 — 51 139} 739} Calcutta, p. to rup. 18 IS 9-64 IS 9-64 Shanghai, p. to dol. —— 1417-32 1417-32 H.-Kong, p. to dol. — 1415-1614 15-64 Y’hama, p. to yen 24.582 13 31-32 13 31-32 Batavia, fl. to £ 12.107 8.805 8.885

New Zealand on Buying Selling. £N.Z. to £ stg. 100 O.D.123/10/- 124/8/9 Australia — £A to £N.Z. 100 O.D. 101 100/10/Fiji T.T. — £F to £N.Z. 100 O.D. 90/7/0 89 New York T.T. 3.92 Doi., to £N.Z. . O.D. 3.96$ 3,924 T.T. 3.955 3.92J Doi. to £N.Z. . O.D. 3.96$ 3.92$ T.T. — 20.68 Schgs. to £N.Z. O.D. — 20.70 T.T. — 23.152 Bel. to £N.Z. . O.D. — 23.103 Czechoslovakia T.T. — 11.72 Crs. to £N.Z. . O.D. — 11.77 Denmark T.T. 18.203 17.893 Kr. to £N.Z. . O.D. 1S.2G3 17.903 T.T. — 84.23 Frs. to £N.Z. . O.D. — S4.27 Germany T.T. — 9.093 Mks. to £N.Z. . O.D. — 9.698 Holland T.T. 7.279 7.129 FIs. to £N.Z. . O.D. 7.339 7.133 T.T. .— 74.46 Lire to £N.Z. . O.D. — 74.51 T p T.T. 7.241 7.081 FIs., to £N.Z. . O.D. 7.301 7.085 T.T. 16.181 15.891 Kr. to £N.Z. . O.D. 10.241 15.901 T.T. 15.785 15.490 Kr. to £N.Z. .. O.D. 15.845 15.500 T.T. 17.371 17.100 Frs. to £N.Z. . O.D. 1.7.475 17.100 Switzerland .... T.T. 17.383 17.113 Frs. to £N.Z. . O.D. 17.4SS 17.118 T.T. — 82.80 Frs. to £N.Z. . O.D. — 82.92 T.T. — 83.01 Frs. to £N.Z. . O.D. — 83.07 Hong-Kong .... T.T. IS 19-64 18 51-64 N.Z. d. to Doi. O.D. 18 17-04 18 25-32 India and Ceylon T.T 22 13-32 22 11-16 N.Z. d. to Bup. O.D 225 22 43-64 T.T. — 17.15-32 N.Z. d. to Yon O.D. — 17.29-04 Shanghai T.T. 17 J 18$ N.Z. d. to Doi. O.D. 17 27-32 18 23-64 Singapore T.T. 34 23-32 35 13-04 N.Z. d. to Doi. O.D. 345 35 3-10 T.T. 171 181 N.Z. d. to Doi. 0.1). 17 53-04 IS 31-04

U.S A. Doi. Canadian Doi. Selling ' (Per £1 N.Z.) (Per £1 N.Z.I T.T. 3.924 3.92J O.D. .*> 92 5 3.92? Buying O.D. 3.90g ■ , 3.065