FOREIGN EXCHANGES

Dominion, Volume 31, Issue 278, 20 August 1938, Page 14

FOREIGN EXCHANGES

Position Of Sterling By Telegraph.—Press. Assn.—Copyright. London, August 18. The following mean closing rates on foreign exchanges were current to-day compared with those ruling on August 17:

Gold.—£7/2/51 an ounce, fine. Silver.—Spot, 19§d. au ounce; forward 10id. , . Gold to the approximate value ol £1.433,000 was sold to-day at £7/2/5} an ounce.

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:— New Zealand Buying belling.

The Associated Banks (other than the Bank of New South Wales) quoted the 10l lowing dollar rales yesterday on a New Zealand currency basis. They are subject to alteration without notice

Pa r. Aug. 17. Aug. 18. N. Sork',' dol. to £ 4.80(1 4.88 3-164.8715-10 Montreal, dol. to £ 4.806 4.90} 4.89 J Paris, fr. to £ 124.21. 178 57-64; 178 55-64 Brussels, bel. to £ 4 8.(111 28.993 28.995 Geneva, fr. to £ 25.255 21.293 21.285 Amst’dam, fl. to £ 12.107 8.93 8.91-i 12.18 Jerlin, inks, to £ 23.43 12.17 St'holm, knr. to £ 23.43 19.395 19.395 C’hagen, kur. to £ 18.159 22.40 22.40 Oslo, kur. to £ 18.159 19.90 19.90 llel’fors, inks. to £ 193.23 226.75 220.75 Prague, knr. to £ 134.25 141.5-16 141 5-16 Madrid, pes. to £ 25.225 —— —- Lisbon, ese. to £ 100 110 3-16 110 3-10 Milan, lire to £ 92 92.75 Athens, drac. to £ 375 517.50 517.50 Bucharest, lei to £ 813.60 500 670 Belgrade, din. to £• 276.31 211! 210 Rio de J., p. to mil 4.99 •f2j ' "f2J 4 B. Aires, p. to pesa 47.02 19.015 19.045 M. Video, p. to peso 51 1201 +20} Calcutta, p. to rup. 18 17 15-16 17 29-32 Shanghai, p. to dol. 18 8 8} H. Kong, p. to dol. —— 15 15 Y'hama, p to yen 24.582 14 ' 14 Batavia, 11. to £ 12.107 8.92 8.92 t Market Rate + Sellers Official. Ko nd on, August 18.

OU London 'T.T. 121 124/10/. £N.Z. to £stg. 100 O.D. 123/11/3 124/9/6 Australia •' T.T. 100/17/6 100/5/- £ A to £N.Z. 100 O.D. 100/17/6 100/5/Fiji T.T. 00/7/6 89 £F to £N.Z. 100 O.D. 00/7/6 80 Now York' T.T. 3:0454 3.9112 Doi. to £N.Z. . O.D. 3.0504 3.9152 .Montreal T.T. 3.0503 3.9268 Dol. to &N.Z. . O.D. 3.0680 3.9308 Belgium T.T. 23.494 23.184 Bel. to £N.Z. . O.D. 23.569 23.195 Czechoslovakia .. T.T. — 112.61. Krs. to £N.Z. . O.D. T.T. — 112.66 Denmark 1S.203 17.893 Kur. to £N.Z. . O.D. 18.263 17.899 Finland T.T. 185.34 179.54 Mks. to £N.Z. . O.D. 185.74 179.64 France T.T. 145.23 142.73 Frs. to £N.Z. . O.D. —- 112.77 Germany T.T. —— 9.713 Mks. to £N.Z. . O.D. — 9.718 Greeee T.T. — 429.34 Drac. to £N.Z, . O.D. — 420.84 Holland n* T. 7.265 7.115 FJs. to £N.Z. . O.D. 7.305 7.119 Italy r l* '1 . —— 71.33 . Lire to £N.Z. . O.D. —— 74.38 Java T.T. 7.247 7.097 FIs. to £N.Z. . O.D. 7.287 7.101 Norway Krs. to £N.Z. . T.T. O.D. 16.182 16.242 15.892 15.898 Noumea T.T. 147.73 140.08 Frs. to £N.Z. . O.D. — 141.02 Papeete Frs. to £N.Z. . T.T. O.D. 147.13 141.13 141.17 Sweden T.T. 15.786 15.491 Km. to £N.Z. . O.D. 15.846 15.497 Switzerland T.T. 17.283 17.013 Frs. to £N.Z. . O.D. 17.388 17.018 Chefoo N.Z. cl. to Dol. . T.T. O D. 11 5-16 1119-64 Hong Kong ...... N.Z. d. to Dol. . T.T. O.D. 18 13-32 183 18 25-32 18 25-32 India and Ceylon T.T. 22 3-32 22J N.Z. d. to Hup. . O.D. 22 1-16 22J T.T. 17 33-64 N.Z d. to Yen . O.D. — 17 33-64 Manila T.T. 29 59-64 ■ 30 37-64 N.Z. d. to Peso . O.D. 29 53-64 30 -17-64 Shanghai O.D.' — 10 27-3*2 N.Z. d. to Dol. . — 10 27 32 Singapore N.Z. d. to Dol. . T.T. O.D. 34 31-61 34 31-32 34 25-64 «j4 O 1 T)->

U.S.A. Doi. cauadlau l»oi. Selling(Per £N.Z • (Per 6NZ.I T T. 3.91 3-10 3.92} O.D. 3.01 7-16 3.93 1-16 UuyingO.D. 3.05 3-1G 3.96 15-16