FOREIGN EXCHANGE.

Manawatu Standard, Volume LVI, Issue 200, 14 July 1936, Page 5

FOREIGN EXCHANGE.

ON NEW ZEALAND CURRENCY BASIS. DIRECT DOLLAR RATES. The Bank of Now South Wales, Wellington, quoted the following rates for their purchases and sales ui foreign exchanges yesterday : New Zealand. Buying. Selling.

T.T. represents telegraphic transfers. O.D. represents on demand transactions. Tho above rates are subject to adoration without uotieo. 'the Associated Hanks (oilier thin the Bank of Now South Wales, quoted Hie following dollar rate* yesterday <n a New Zealand currency basis. They arc subject to alteration without notice. U.B.A. Canada.

NEW ZEALAND POUND ABROAD

Based on the figures quoted by the Bank of New South Wales, the New /ou: land pound, compared with its original par value, is equivalent to approximately: 16s Id in T.ondcn. £1 Os Id in Australia 16s 6 3-4 d in U.S.A. 16s 7cl in Canada. 9s 9,pl iu France. 9s 8 3-4<l in Germany. 9s 7 3-4 d Iri Java. £1 7s 104 d in Japan.

London — £N.Z. to £stg.l00 ... T.T. 124 124/10/0 Australia — £A. to £S.'/j. O.D. 123/10/0 124/8/9 100 T.T. 101 ICO/10/0 L'iji— £F. to £X.Z. O.D. 101 ICO/10/0 ICO T. r J’. 90,7/6 89 Xov,- York — Dollar to £1 O.D. 20/7/6 89 N.Z . T.T'. 4.C63 4.03/j Montreal — Dollar to £1 O.D. 4.03 4.03J X./. . T.T. 4.07 4.031 Franco — Francs to £1 O.D. 4.03J 4.04 X.Z .. T.T. — 60.79 ; long-Kong— N.Z. jjcnro O.D. 60.83 . T.T. 18 29-64 19 61-64 •Japan — O.D. 13 25-64 19 59-64 to 1 \MI .... .. T.T . — 17 41-64 Shanghai— N.Z. ijp:k*o O.D. 17a to 1 dollar . . T.T. 17 7-64 18 31-64 O.D. 16 59-64 18 15-32.

(pur (pur £1 A.Z.) £l N.Z.) Sell in; T • dois. 4.03 a dols. 4.03i o i) 4.031 4.04 Buj » u. T> < - ..cr.i 4.001