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FOREIGN EXCHANGE RATES

Closing sight rates as quoted by the Bank of New South Wales, Wellington today, for buying and sellina foreign currencies, based on New Zealand currency, are as follows:—

The above rates are for on demand transactions. The £1 is £1 in New Zealand currency- The rates are subject to alteration without notice. Based on the figures quoted by the Bank1 of New South Wales, the New Zealand pound, compared with its original par value, is equivalent to approximately:— £ a. d. 0 16 1 In London. 1 0. 1 in Australia. 0 16 2>,i in U.S.A. 0 16 4V- in Canada. 0 0 6'A in Trance. 0 10 VA In Italy. '095 in Cormany. : 0 ft 4?l in Jay.i. 1 T a>4 tn Japan.

'•The present speculative condition of the gold-mining industry in Australia is a danger to its future, and if action was taken in several States to deal with organisations which cannot Jive up to their representations, it would be a healthy move," said the member of the Australian House of Hepresentatives for trie Northern Territory (.Mr. Blain), in a statement which he had issued.

On On ' demand. demand. ' . : ' Buying. Selling. ISew Zealand no £ a, d. £ •. d. London—£N.Z. to £ stg. 100 123 10 0 121 8 9 Australia— £A to ENJS, 100 101 0 0 100 10 0 Ji'Ijt— £V to £N.Z. 100 . 00 I 6 89 0 0 New Tork—Dollars to £N.Z. 1 3.09'i 3.01% Montreal—Dollars to £ N.Z. 1 4.03% 3.987s Austria—Schillings to £ N.Z. 1. — 29.S4 Belgium—Belfjas, to £ N.Z. 1 — 23.170 Czechoslovakia—Crowns to £N.Z. 1. — 95.26 DeumarK—Kroner to 6 N.Z. I. -. 18.218 17.938 J'rance—Francs to £ N.Z. 1 C0.89 59.34 Germany—Retchmarks to £N.Z. 1 — 9.61D Holland—Florins to £ N.Z. 1 6.000 5.710 Italy—Lire - to £N.Z. 1. — 47.9:! Java—Florins to £ N.Z. 1 5.965 5.094 Norway—Kroner to £ ■N.Z. ]■ >■ 1G.211 15.931 Sweden—Kronor to £ N.Z. 1. .,..: 15.800 15.520 Switzerland—Francs to •£K.Z. .1 12.110 11.9S0 Noumea—Francs to £ N.Z., 1. 01.0-1 5S.59 Papeete—Franc* to £ N.Z. .1. .;. .- 61.91 5S.59 Bong Kong—N.Z. pence to 1 .dollar 28 13-32 29 17-32 India ■ and ■ Ceylon—N.Z. pence to 1 rupee .... 22 7-32 22% Japan—N.Z. pence to 1 yon, — 17 43-G4 Shanghai—N.Z. pence to 1 dollar 19 20% Singapore— H.Z. pence to 1 dollar SVA 35',i

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19351030.2.154.3

Bibliographic details

Evening Post, Volume CXX, Issue 105, 30 October 1935, Page 14

Word Count
367

FOREIGN EXCHANGE RATES Evening Post, Volume CXX, Issue 105, 30 October 1935, Page 14

FOREIGN EXCHANGE RATES Evening Post, Volume CXX, Issue 105, 30 October 1935, Page 14

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