FOREIGN EXCHANGES

Dominion, Volume 32, Issue 65, 9 December 1938, Page 14

FOREIGN EXCHANGES

Position Of Sterling

(British Official Wireless.) LONDON, December 7. The following mean closing rates on foreign exchanges were current today compared with those ruling un December 6:—

New Zealand-Dollar Exchange

The Associated Banks (other than the Bank of New South Waifs) quoted the following dollar rates yesterday on a New Zealand currency basis. They are subject to alteration without notice: —

N. York, dol. to £ Par. 4.866 Dec. G. 4.G9J Dec. 7. 4.(18} Montreal, dol. to £ 4.866 4.73} 4.72 J Paris, fr. to £ 124.21 17713-32 177 17-32 Brussels, bel. to £ 48.(111 27.90 27. S3 Geneva, fr. to £ ‘•ii 20.744 20.69* Ainst’dani, 11. to £ 12.107 8.62 : | 8.61} Berlin, inks, to £ 23.43 11.71 11.69 C’hagen, knr. to £ 18.159 22.40 22.40 St’bolin, knr. to £ 23.13 19.41 19.41 Oslo, knr. to £ 18.159 19.90 19.90 Ilels'ki, inks, to £ 193.23 226.75 226.75 Prague, knr. to £ 134.25 137.25 137 Madrid, pes. to £ 25.225 — —— Lisbon, esc. to £ 100 110.125 110.125 Milan, lire to £ 92 89 3-16 - 89 1-16 Athens, drac. to £ 375 547.50 547.50 Bucharest, lei to £ 813.60 655 655 Belgrade, din. to £ 276.31 209 209 Rio de J., p. to mil. 4.99 3 1-16 3 1-16 B. Aires, p. to peso 47.C2 20.61 20.61 M. Video, p. to peso 51 18} 18} Calcutta, p. to rup. 18 17 59-64 17 59-64 Shanghai, p. to dol. 18 st 8} H. Kong, p. to dol. — 15 15 Y’harna, p. to yen Batavia, 11. to £ 2-1 .582 14 14 12.107 S.6O5 8.60 LONDON, December 7. Hold.—£7/8/5 nt i ounce , fine. Silver.—Spot, 20 1-lGd. ward, 19 7-IGd. an ounce; tor-

Selling — T.T. . O.D. . U.S.A, dollars. (Per £.Y.Z.) ... 3.72 7-16 ... 3.72} Canadian dollars. (l'er£.NZ.) 3.75 7-16 3.75 11-16 Buying— 3.811-16 O.D. . 3.77 7-8