FOREIGN EXCHANGES

Dominion, Volume 31, Issue 162, 5 April 1938, Page 14

FOREIGN EXCHANGES

Position Of Sterling By Telegraph.—Press Assn.—Copyright. London, April 2. The following mean closing rates on foreign exchanges were current to-day compared with those ruling on April 1:—

London* April 2. Gold. —£7/0/1 an ounce, fine. Silver.—Spot, 18 13-16 d. an ounce; forward, 18 7-16 d.

On New Zealand Currency Basis' i , ■

The Bank of New South JVales, 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.

Par. Apr. 1. Apr. 2. N. York, doL to X? 4.866 4.96 7-16 4.96 7-16 Montreal, dol. to £ 4.880 4.90 7-16 4.99 1-16 Par's, fr, to X? 124.21 16111-1616111-16 Brussels, bel. to £ 48.611 29.425 29.465 Geneva, fr. to X* 25.225 21.655 21.64} Amst’dam, fl. to X? 12.107 8.90} 8.90} Berlin, mks. to 23.43 12.365 12.365 St’holm, knr. to £ 18.159 19.40 19.405 . C’hagen, knr. to £ 18.159 22.40 22.40 Oslo, knr. to £ 18.159 19.90 19.90 Vienna, schgs. to £ 34.585 — —— ■ Hel’fors, mks. to £ 193.23 226.125 226.125 Prague, knr. to £ 134.25 : 142 3-16 142.25 Madrid, pes. to £ 25.225 Lisbon, esc. to £ 100 110 3-16 110 3-16 Milan, lire to ' £ 92 94 5-16 94.375 Athens, drac. to £ 375 547.50 547.50 Bucharest, lei to *> 813.60 I 677.50 667.50 Belgrade, din. to X? 276.31 : 217 217 Bio de J., p. to mil 4.899 f2 13-1C i t2 13-16 B. Aires, p. to pesa 47.62 __ - M. Video, p. to peso 51 120} 120} Calcutta, p. to rup. 18 18} 18} Shanghai, p. to dol. 18 . 12* 12} H.-Kong, p. to dol. 14 3-16 14 3-16 Phama, p. to yen 24.582 14 13 31-32 Batavia, fl. to £ 12.107 8.95 8.95 t Market Bate, . t Sellers Official.

New Zealand on Buying. Selling. London T.T. 324 124/10/£N.Z. to £stg. 100 O.D. 123/10/124/8/9 Australia T.T. 101 100/19/to £ N.Z. 100 O.D. Fiji T.T. 90/7/6 89 £F to £N.Z. 100 O.D. New York T.T. 4.0140 3.9794 Doi. to £N.Z. . O.D. 4.0240 3.9834 Montreal T.T. 4.0336 4.0012 Dol. to £N.Z. . O.D. -1.0450 4.0052 Austria T.T. — — Seligs, to £N.Z. O.D. — — Belgium T.T. 23.876 23.566 Bel. to £N.Z. . O.D. 23.951 23.577 Czechoslovakia ... T.T. — 113.46 Krs. to £N.Z. . O.D. __ 113.51 Denmark T.T. 18.203 17.893 Knr. to £N.Z. . O.D. 18.263 17.899 Finland T.T. 184.95 179.15 Mks. to £N.Z, . O.D. 185.35 179.25 T.T. 128.12 Frs. to £N.Z. . O.D. — 128.16 Germany T.T. — 9.864 Mks. to £N.Z. . 0.1). . 9.869 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. — 75.64 Lire to £N.Z. . O.D. — 75.69 J a vfi T.T. 7.283 7.133 FIs. to £N.Z. . (t.D. 7.323 7.137 Norway T.T. 16.181 15.891 Knr. to £N.Z. . O.D. 16.241 15.897 Noumea T.T. — 126.87 Frs. to £N.Z. . O.D. —* 126.91 Papeete T.T. — 126.92 Frs. to £N.Z. . O.D. —— 126.96 Sweden T.T. 15.791 15.496 Knr. to £N.Z. . O.D. 15.851 15.502 Switzerland T.T. 17.573 17.303' Frs. to £N.Z. . O.D. 17.678 17.308 Chefoo T 9 1 . — 16 7-16 N.Z. d. to Dol. . O.D. —.. 16 27-64 Hong-Kong T.T. 18 9-64 18 33-64 N.Z. d. to Dol. . O.D. IS 7-61 . 18 33-64 India and Ceylon . T.T. 222 22 21-32 N.Z. 'd. to Rup. . O.D. 22 11-32 22 21-32 Japan T.T. 17 31-64 N.Z. d. to Yen . O.D. — 17 31-64 Manila T.T. 2939-04 30 7-64 N.Z. d. to Peso . O.D. 29 33-64 30 7-64 Shanghai T.T. — 16 9-32 N.Z. d. to Dol. . O.D. —— 16 9-32 Singapore T.T. 34 31-64 34 31-32 N.Z. d. to Dol. . O.D. 34 25-64 34 31-32

U.S.A. Doi. Canadian Doi. Selling: (Per £1N.Z.) (Per £1N.Z.) T.T. 3.98 1-1.0 4.00 3-10 O.D. 3.98 7-10 4.00S Buying: O.D. 4.03 5-10