FOREIGN EXCHANGES

Dominion, Volume 31, Issue 71, 17 December 1937, Page 14

FOREIGN EXCHANGES

Position Of Sterling By Telegraph.—Press Assn.—Copyright. Loudon, December 15. I The following mean closing rates on foreign exchanges were current to-day compared with those ruling on December 14:

J Market Rate. Price ot Gold and Silver. London, December 15. Gold.—£6/19/91 an ounce, fine. Silver.—Spot, 18 11-16 d. an ounce; forward, 18 5-16 d. On New Zealand Currency Basis The Bank of New South Wales, Wellington, quoted the following rates for their purchases and sales of foreign exchange yesterday:—

N. York, dot. to Par. Dec. 14. Dee. 15. . 1 f 4.8G6 4.99} 4.9913-16 Montreal dol. to £ 4.8GG 4.99J 4.99 13-1G Paris, fr. to in, 124.21 14715-G4 147 19-64 Brussels, bel. to 48.G11 29.395 29.49 Geneva, fr. to 25.225 21.G05 21.G05 Amst’dam, fl. to Al 12.107 8.9S5 8.985 Berlin, inks, to 23.43 12.391 12.395 St’holm, knr. to 18.159 19.40 19.40 C’hagen, knr. to 18.159 22.40 22.40 Oslo, knr. to , .Q 18.159 19.90 19.90 Vienna, schgs. to' £ 34.585 2G.50 2G.50 Prague, knr. to £ 134.25 143 3-16 143 3-16 Hei tors, mks. to 193.23 126.125 226.125 .Madrid, pes. to 25.225 — — Lisbon, esc. to £ 100 110 3-10 110 3-16 Milan, lire to ■ 92 94 15-16 94 15-1G Athens, drac. to 375 547.50 547.50 Bucharest, lei to 813.60 G77 G77 Belgrade, din. to £ 276.31 216 216 Rio de J., p. to mil 4.899 $2 21-32 J2 31-32 B. Aires, p. to pesa 47.62 — — 'M. Video, p. to peso 51 +251 +2Gf Calcutta, p. to rup. 18 184 18J Shanghai, p. to dol. 18 .14'3-16 14 3-16 H.-Kong, p. to dol. — 15 15 Y’haina, p. to yen 24.582 14 14 Batavia, fl. to 12.107 8.97j 8.97

New Zealand on Buying. Selling. London . T.T. 124 124/10/£N.Z. to £stg 160 O.D. 123/10/ 124/8/9 Australia ....... to £ N.Z. 100 T.T. O.D. 101 100/10/. Fiji £ F to £N.Z. 100 T.T. O.D. 90/7/0 89 New 1’ork T.T. +.0107 1.0061 Dol. to £N.Z. O.D. +.0507 4.0101 Montreal T.T. 4.0102 4.0078 Dol. to £N.Z. O.D. +.0522 4.0118 T.T. —- 20.93 Schgs. to £ N.Z. O.D. — 20.94 Belgium ....... T.T. 23.822 23.512 Bel. to £N.Z. O.D. 23.897 23.523 Czechoslovakia .. T.T. — 113.31 Crs. to £N.Z. O.D. — 113.36 Denmark T.T. 18.203 17.895 Knr. to £N.Z. O.D. 18.263 17.899 Prance T.T. — 117.29 Ffs. to £N.Z. O.D. — 117.33 Germany T.T. — . 9.886 Aiks, to £N.Z. O.D. — 9.S91 Holland T.T. 7 7.172 FIs. to £N.Z. O.D. 7.362 7.176 Italy T.T. — 76.21 Lire to £N.Z. O.D. — 76.26 T.T. 7.295 7.145 FIs. to £N.Z. . O.D. 7.335 7.149 Norway T.T. 16.182 15.892 Knr. to £N.Z. O.D. 16.2-12 15.898 Sweden T.T. 15.790 15.495 Knr. to £N.Z. O.D. 15.850 15.501 Switzerland .... T.T. 17.538 17.268 Frs. to £N.Z, O.D. 17.643 17.273 N ouinea T.T. — 116.04 Frs. to £N.Z. O.D. 116.08 Papeete T.T. 116.09 Frs. to £N.Z. O.D. 116.13 Hong-Kong .... T.T. IS 29-64 18 53-61 N.Z .(1. to Dol. O.D. 18'27-61 18 53-64 India and Ceylon T.T. 22 g 22 21-32 N.Z. d. to It up. O.D. 22 11-32 22 21-32 T.T. —— 17 33-6+ N.Z. d. to Yen . O.D. — 17 33-61 Shanghai T.T. — 18 9-6+ N.Z. d. to Dol. . O.D. 18 9-64 Singapore T.T. 34 23-32 35 18-6+ N.Z. d. to Dol. O.D. 3+8 35 13-6+ Chefoo T.T. — IS J N.Z. d. to Dol. . O.D. —. 18 7-64 Manila T.T. 29 37-6+ 30 5-01 N.Z. d. to Peso . O.D. 29 31-61 30 5-04 The Associated Banks (other than the Bank of New South Wales) quoted the following dollar rates yesterday on a New Zealand currency basis. They are subject to alteration;without notice. U.S.A. Dol. Canadian Dol. Selling: (Per £15 ,Z.) (Per £1 N.Z.) T.T. 1.003 4.001 O.D. 4.01 3-16 4.01 3-16 Buying: O.D. +.05 3-16 4.05 3-16