EXCHANGE RATES
Bank exchange rates as revised for 4th June, 1931, are as follows:— NEW ZEALAND ON LONDON.
NEW ZEALAND ON AUSTRALIA. ' Buying per £100, New Zealand.—£ll9 ■ Selling per £100, New Zealand.— £US 12s 6d. The rates on Australia arc altered to place them in proper relation with London Tates. The concession buying rate which was designed to benefit exporters failed in its object, and has now been abolished. New Zealand producers who export to Australia should require purchasers to make payments in New Zealand currency.
Buying Per £100 iu London. £ s. d. 108 10 0 108 8 6 108 2 6 L07 15 0 L07 7 6 L07 0 0 Selling Per £100 in London. . £ s. d. Tele, transfers 110 0 C On demand ' 109 10 C 3 days . — 30 days 109 5 C 60 days 109 0 C 90 days ■ 108 15 C 120 days —
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/EP19310604.2.134.15
Bibliographic details
Evening Post, Volume CXI, Issue 130, 4 June 1931, Page 14
Word Count
147EXCHANGE RATES Evening Post, Volume CXI, Issue 130, 4 June 1931, Page 14
Using This Item
Stuff Ltd is the copyright owner for the Evening Post. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.