FOREIGN EXCHANGE RATES.

Evening Post, Volume CIV, Issue 91, 14 October 1922, Page 9

FOREIGN EXCHANGE RATES.

STERLING IMPROVING IN NEW YORK,

(UNITED PBE6S ASSOCIATION.—COPXBIOHT.)

(ABSTBAUAN - KBW ZEALAND CABLE ASSOCIATION.) LONDON, 12th October,

Foreign rates of exchange on 12th October aa compared with par rates, or as averaged first half of 1914, are as follow:—

Oct. 9. Oct. 12. Par. New York, dols. to £1 .„ i.4l| 4.43 4.86 Montreal, dols. to SI ... 4.41J 4.42« 4.80 , Paris, francs to £1 58.40 58.68 26.225 Stockholm, kroner to £1— 16.67 10.64 18.169 Christianiii, kroner to £1... 25.00 ■ 24.70 18.169 Copenhagen, kroner to £1... 21.83 21.80 18.159 Berlin, marks to £1 12,150 11,900 20.43 Rome, lire to £1 103J 1035 25-37} Yokohama, pence to yen... 26J 26 74.68 Calcutta, pence to rupee.. 15J 15{ 24 Hongkong, pence to d 01.... 30J 305 24* •Nominal. (The sterling exchange on New York during the war was 5.06 highest, 4.50 lowest. During 1920, highest 3.984, lowest 3.34 J. During 1921, highest 4.22 lowest 3.284- sth to 31st January, 1922, highest 4.284 dols.; lowest, 4.174 dols. 2nd to 27th February, highest 4.43 dollars; lowest, 4.28 dollars. 2nd to 30th March, highest, 4.415 dollars; lowest, 4.34 dollars.' 3rd to 30th April, highest 4.42 i dollars; lowest, 4.38J dollars. Ist to 25th May, highest, 4.46 dollars; lowest, 4.424 dollars. • Ist to 30th June, highest, 4.50J dollars; lowest, 4.434 dollars. 4th to 27th July, highest, 4.46 dollars; lowest, 4.43 dollars. 3rd to 31st August, highest, 4.48 i dollars; lowest, 4.44f dollars. 7th to 29tli September, highest, 4.465 dollars; lowest 4.415 dollars; on 2nd October, 4.39 i dollars; on sth October, 4.32£ dollars.)