FOREIGN EXCHANGE
T.T. represents telegraphic transfers. O.D. represents.on demand transaction*. DOLLAR RATES. The Associated Banks (other than the Bank of New South Wales) quoted the following dollar-sterling rates to-day, which are subject to alteration without notice:—< U.S.A. Canada* Conversion of dollar bills received for collection and sale of dollar drafts and telegraphic transfers 4.76 4.80 Purchase of dollar bills ... 4.80 4.84 On a Ne\i Zealand currency basis thesa rates are equivalent to: — SELLING— T.T 3.821 3.85 J On demand ... ... ... ... 3.82| 3.85 J BUYINGOn demand ... 3.68$ 3,92|
SH NEW ZEALAND CURRENCY BASIS The Bank of New South i Wales, Dunedin, Quoted the following rates for i purchase* and sales of foreign exchange (all rate* subject to alteration without notice) Buying. Selling# f.ondon — £100 stg. N.Z. ... T.T. £124 £124 10/ O.D. £123 10/ £124 7/9 Australia— £100 A. £100 10/ N.Z. ... T.T. £101 Fiji— £100 F. £89 N.Z. ... T.T. £00 7/6 New York — Dollar* to £1 3.83 N.Z. T.T, 3.87 O.D. 3.8813.83 jf Montreal— Dollar* to £1 3.86$ N.Z. T.T. 3.901 O.D. 5.91| 3.86J France — £1 Francs to 56.92 N.Z. T.T. 58.22 O.D. 58.52 56.97 Noumea— £1 Francs V* 59.17 56.17 N.Z. T.T. O.D. 59.57 56.22 Papeete— £1 Francs to 59.17 56.17 N.Z. ... T.T. O.D. 59.57 56.22 Belgium — £1 Bel ess to 15.940 n'z. ... T.T. 16.640 O.D. 16.740 15.955 Germany— BeichsAiftrks to £1 9.213 N.Z. ... T.T. — O.D. — 9.221 Italy— £1 Lire to 44.82 N.Z. ... T.T. — O.D. — 44.83 Switzerland — Francs to ei 11.502 N.Z. ... T.T. 11.902 O.D. 11.977 11.512 Holland— Florins to £i ’'T.T. 5.483 ■ N.Z. 5.736 O.D. 5.786 5.490 Java — Florins to £1 5.473 N.Z. T.T. 5.698 O.D. 5.748 5.477 Japan— N.Z. pence to 1 17 13-18 yen T.T. — Shanghai— N.Z. pence to 1 24'7-8 dollar T.T. 23 9-16 O.D. 23 7-16 24 13-13 India and CeylonN.Z. pence to 1 22 11-18 rupee ... T.T. 22 11-32 O.D. 22 7-32 22| Hongkong— N.Z. pence to 1 30 25-32 dollar ... T.T. 29 21-32 O.D. 29 17-32 30 21-32 Singapore— N.Z. pence to 1 35 9-32 dollar ... T.T. 34 11-32 O.D. 34 7-32 35 7-3$
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/ESD19350309.2.54.16
Bibliographic details
Evening Star, Issue 21974, 9 March 1935, Page 11
Word Count
340FOREIGN EXCHANGE Evening Star, Issue 21974, 9 March 1935, Page 11
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