FOREIGN EXCHANGES

Dominion, Volume 31, Issue 128, 24 February 1938, Page 14

FOREIGN EXCHANGES

Position Of Sterling By Telegraph.—Press Assn.—Copyright.

London, February 22. The following mean closing rates on foreign exchanges were current to-day compared with those ruling on February 21:—

Price of Gold and Sliver. London, February 22. Gold.—ll6/19/91 an ounce, fine. Silver.—Spot, 20Jd. an ounce; forward, 19Jd. 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 :—

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. Doi. Canadian Doi. Selling: (Per £1 N.Z.) (Per £1 N.Z.) T.T. 4.021 4.02 1-16 O.D. 4.0211-16 4.02 7-16 Buying: O.D. 4.06} 4.06}

Par. Feb. 21. Feb. 22. N. York, dol. to £ 4.806 5.01t 5.018 Montreal, dol. to £’ 4.860 — 5.015 Paris, fr. to £ 124.21 15243-64 153 11-32 Brussels, bel. to £ 48.611 29.511 29.555 Geneva, fr. to Amst’dam, fl. to £ 25.225 21.59J 21.58} £ 12.107 8.89J 8.96J Berlin, inks. to £ 23.43 , 12.405 12.405 St’holm, knr. to £ 18.159 19.40 19.41 C’hagen, knr. to £ 18.159 22.40 22.40 Oslo, knr. to £ 18.159 19.90 19.00 Vienna, schgs. to £ 34.585 26.50 26.50 Hel’Xors, inks, to £ 193.23 226.125 226.125 Prague, knr. to £ 134.25 142.50 142.625 Madrid, pes. to £ 25.225 — Lisbon, esc. to £ 100 110 3-16 110 3-16 Milan, lire to £ 92 95 5-16 05.375 Athens, drac. to £ 375 547.50 547.50 Bucharest, lei to £ 813.60 677.50 667.50 Belgrade, din. to £ 276.31 216 216 Rio de J., p. to mH 4.899 f213-16 12 13-16 B. Aires, p. to pesa 47.62 — —— M. Video, p. to peso 51 J21J t21J Calcutta, p. to rup. 18 181 184 Shanghai, p. to dol. 18 14 3-16 14 3-16 H.-Kong, p. to dol. — 15 15 Y’hama, p. to yen 24.582 14 14 Batavia, 11. to £ 12.107 8.945 8.943 t Market Rate, t Sellers Ofllcial.'

New Zealand on Buying. Selling. London TjST. 124 124/10/£N.Z. to £stg. 100 O.D. 123/10/- ■ 124/8/9 Australia £Ato £N.Z. 100 T.T. O.D. 101 100/10/Fiji £Fto £N.Z. 100 T.T. O.D. 00/7/6 89 New York T.T.> 4.0502 4.0215 Doi. to £N.Z. . O.D. 4.0662 4.0235 Montreal T.T. 4.0331 4.0207 Doi. to £N.Z. . O.D. 4.0651 4.0247 Austria T.T' — 21.03 Seligs, to £N.Z. O.D. — 21.04 Belgium T.T. 23.051 23.641 Bel. to £N.Z. . O.D. 24.020 23.652 Czechoslovakia ... T.T. —— 113.77 Krs. to £N.Z. . O.D. — 113.82 Denmark T.T. 18.203 17.893 Knr. to £N.Z. . O.D. 18.263 17.899 Finland T.T. 184.97 179.17 Mks. to £N.Z. . O.D. 185.37 179.27 France T.T. — 122.19 Frs. to £N.Z. . Germany O.D. 122.23 T.T. — 9.896 Mks. to £N.Z. . O.D. — 9.901 Greece T.T. — 429.54 Drac. to £N.Z. . O.D. — 429.84 Holland .T.T. 7.307 7.157 FIs. to £N.Z. . O.D. 7.347 7.161 Italy T.T. — 76.44 Lire to £N.Z. . O.D. — 76.49 Java T.T. 7.279 7.129 FIs. to £N.Z. . O.D. 7.319 7.133 Norway T.T. 10.182 15.892 Knr. to £N.Z. . O.D. 16.242 "15.898 Noumea . T.T. — ljlO.94 Frs. to £N.Z. . O.D. — 120.98 Papeete T.T. — 120.99 Frs. to £N.Z. . O.D. 121.03 T.T. 15.796 Knr. to £N.Z. . O.D. 15.856 15.507 Switzerland .... T.T. 17.525 17.254 Frs. to £N.Z. . O.D. 17.630 17.259 Chefoo T.T. — 18J N.Z. d. to Doi. . O.D. — 18 7-64 Hong-Kong . T.T. 18 29-01 18 53-64 N.Z. d. to Pol. . O.D. 18 27-64 18 53-64 India and Ceylon . T.T. 221 22 21-32 N.Z. d. to Itup. . O.D. 22 11-32 22 21-32 Japan T.T. — 17 31-64 N.Z. d. to Yen . O.D. — 17 31-04 Manila T.T. 29 17-64 29 49-04 N.Z. d. tQ. Peso . O.D. 29 11-04 29 49-04 Shanghai T.T. — 18 9-04 N.Z. d. to Doi. . O.D. — 18 9-64 Singapore T.T. 34 11-10 35 11-64 N.Z. d. to Doi. . O.D. 34 19-32 35 11-64