FOREIGN EXCHANGES

Dominion, Volume 32, Issue 244, 13 July 1939, Page 12

FOREIGN EXCHANGES

Position Of Sterling

By Telegraph.—Press Assn.—Copyright.

LONDON, July 11.

The following mean closing rates on foreign exchanges were current today compared with those ruling on July 10:—

LONDON, July It.

Gold. —AI 7/8/6 an ounce, line. Silver.—Spot, 16jd. an ounce; forward, 1513-l Cd.

011 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 rutes yesterday on a New Zealand currency basis. They are subject to alteration without notice.

Par. J uly 10. July 11. N. York, dol. to £ 4 .SCO 4.68 5-32 > 4.68 3-16 Montreal, dol. to £ Paris, francs to £ 4.866 4.69 3-10 4.69 1-16 124.21 170 23-32 170 23-32 Brussels, bel. to £ 48.611 27.76 27 «';a Geneva, frs. to £ 25.225 20.77 20.7(15 Amst’dam. 11. to £ 12.107 8.81? S.S1 13-10 Berlin, inks, to £ 23.43 11.005 11.GG5 C’hagen, knr. to £ 18.159 22.40 22.40 St’holm. knr. to £ 23.43 19.415 10.415 Oslo, kroner to £ 18.159 19.90 19.90 Ilels’ki. inks. to £ 193.23 220.875 220.8 < a Madrid, pes. to £ 25.225 — Lisbon. esc. to £ 100 110.375 110.375 Milan, lire to £ 92 89 89 Athens, drac. to £ 375 >17.50 547.50 Bucharest, lei to £ 813.60 060 660 Belgrade, din. to £ 276.31 210 210 Rio de .T., p. to mil. 4.99 2 21-32 2 21-32 B. Aires, y. to pesu 47.62 20 20 20.21 M.Video, p. to peso 51 18) 18} Calcutta, p. to rup. 18 17 29-32 17 29-32 Shanghai, p. to dol. —— — — U. Kong, p. to dol. Yo’hama, p. to yea — 14 13-16 14 13-16 24.582 14 14 Batavia, fl. to £ 12.107 8.80 8.80

New Zealand Buying, on Selling. London T.T. 124/7/0 125 ±!N.Z. to £Stg. 100 O.D. 123/18/9 124/19/6 Australia T.T. 100/10/100 £ A. to £ N.Z. 100 O.D. 100/10/Fiji T.T. 90 100 88/12/6 £F. to £N.Z. 100 O.D. 90 South Africa !... T.T. 123/4/3 88/12/6 124/17/£N.Z to £S.A. 100 O.D. 122/17/New York T.T. 3.7748 124/17/ 3.7315 Doi. to £N.Z. . O.D. 3.7798 3.7325 Montreal T.T. 3.7800 3.7400 Doi. to £N.Z. . O.D. 3.7887 3.7410 Belgium T.T. 22.256 Bel. to £N.Z. . O.D. 22.331 21.946 21.951 Denmark T.T. 18.140 Krn. to £NZ. - O.D. 18.200 17.830 17.832 Finland T.T. 184.83 179.05 Mks. to £N.Z. . O.D. 185.25 179.15 France T.T. 142.08 140.48 Fra. to £ N.Z. . O.D. 14-1.23 140.58 Germany T.T. — 9.267 Mks. to £N.Z. . O.D. — 9.269 Greece T.T. — 429.20 Drac. to £N.Z. O.D. — Holland T.T. 7.162 429.35 7.012. FIs. to £N.Z. . O.D. 7.202 7.014 Italy T.T. — . 70.95 Lire to £N.Z. . O.D. — Java T.T. 7.112 1’1h. to £N.Z. . O.D. 7.182 70.97 6.992 • 6.09 f Norway T.T. 1*5.126 Krn. to £N.Z. . O.D. 16.186 15.836 15.839 Noumea T.T. 145.48 Frs to £N.Z. . O.D. 146.98 138.73 138.77 Papeete ... T.T. 144.88 Frs. to £N.Z. . O.D. 146.38 138.88 1.38.92 Sweden T.T. 15.742 Krn. to £N.Z. . O.D. 15.802 15.4-17 15.450 Switzerland T.T. 16.804 Frs. to £N.Z. . O.D; 16.901 Hong Kong T.T. 18 21-6! 16.531 16.537 18 45-64 N.Z. d. to Doi. . O.D. 18 19-64 18 45-64 India and Ceylon T.T. 22 3-16 N.Z. d. to Hup. O.D. 22 5-32 Japan T.T. - 22 15-32 17 37-64 N.Z, d. to Yen . O.D. — Manila T.T 3133-64 17 37-64 32 7-32 N.Z. d. to Peso . O.D. 31 27-64 Singapore T.T. 3151-64 32 7-32 35 9-32 N.'Z. d. to Doi O.D. 34 45-64 35 9-32

U.S.A. Cn nmilnn dollars dollars Selling- . T.T. d'<T CN’.Z.) H.72* (Per C V Z > 3.7215-10 o.n. 3.728 3.73 3-10 BuyingO.D. 3.77 15-10 3.78 15-10