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DOLLAR AND STERLING

Press Association—By Telegraph—Copyright

LONDON, August 2. (Received August 3, at 11 a.m.) Sterling exchange, London on New York, 4.681.

London on New York during 1937 averaged 4.90d0l to £1 sterling; on August 2, 1938, 4.492; on September 28, 4.C3; and during October varied between 4.781 and 4.752. During November, 1938, the variation was between 4.76id0l (November 8) and 4.63 i. DOLLAR RATES. The Associated Banks (other than the Bank of New South Wales) to-day quoted the following dollar rates on a New Zealand currency basis. They are subject to alteration without notice:—

Aug.' 1 4.68 1-8 July 31 4.68 1-8 July 28 4.68 1-8 July 27 4;68 3-16 July 26 4.68 3-16 July 25 4.68 1-4 July 24 4.68 3-4 July 14 ... 4.68 3-16 July 7 4.63 3-16 July 3 ... 4.63 1-8 June 30 • •• ... 4.68 1-8 June 1 4.68 1-4 May 31 ... 4.68 1-4 May 1 ... 4.63 1-8 April 3 4.68 7-16 March 31 4.68 1-4 March 1 ... 4.68 3-4 February 28 ... 4.68 1-8 1 4.68 3-4 January 31 ... ... 4.68 1-2 January 2 4.68 7-8

U.S.A. CANADA. (Per £1 N.Z.) (Per £1 N.Z.) SELLINGT.T. (dol) . .. 3.72 1-8 3.72 1-8 O.D. (dol) . .. 3.72 3-8 3.72 3-8 BUYING— O.U. (dol) . .. 3.77 15-16 3.78 1-8

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ESD19390803.2.133

Bibliographic details

Evening Star, Issue 23335, 3 August 1939, Page 14

Word Count
205

DOLLAR AND STERLING Evening Star, Issue 23335, 3 August 1939, Page 14

DOLLAR AND STERLING Evening Star, Issue 23335, 3 August 1939, Page 14