BANK RATES.
EXCHANGE TELEGRAPHIC TRANSFERS.
Received January 5. 1 t> m SYDNEY, Jan' 5 The Bank of New South Wale's has announced that it will buy exchange telegraphic transfers on London at £llo, Australian, for each £IOO in London, that ft will sell telegraphic transfers on London at £lls 7s 6d Australian for each £IOO required in London. Other usances will he al tered m accordance with these basic
The new rate which the bank auofces is an advance of £6 10s onthebuymg side and £6 7s 6d on the selling compared with the rates fixed by the Banks Conference, to take effect in October last. Other banks have not yet moved their rates.
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Bibliographic details
Manawatu Standard, Volume LI, Issue 29, 5 January 1931, Page 2
Word Count
114BANK RATES. Manawatu Standard, Volume LI, Issue 29, 5 January 1931, Page 2
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