BILLS ON LONDON
EXCHANGE RATE AGAIN:
ADVANCED.
The associated banks in New Zealand liaVe announced that, as from 10 a.m. to-day, the following rates, New Zealand pn London, came into operation:— Buying discount 55s per cent., demand 30 days, selling discount 30s per cent.; buying discount 67s 6d per cent., demand 60 days, selling discount 35s per cent.;. buying discount 80s, demand 90 days, selling discount 45s per cent.; buying discount 105s per cunt., J. transfers, selling discount 20e per cent. The effect of the new.rates is that bills on London on ....demand advance by 10s per cent., and for other usuauco by 12s 6d per cent,.
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https://paperspast.natlib.govt.nz/newspapers/EP19241128.2.74
Bibliographic details
Evening Post, Volume CVIII, Issue 130, 28 November 1924, Page 7
Word Count
107BILLS ON LONDON Evening Post, Volume CVIII, Issue 130, 28 November 1924, Page 7
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