FOREIGN EXCHANGE.
POSITION OF STERLING. LONDON, Od. 3. The following mean closing rates on foreign exchanges were current to-day compared with par:
JPar, 8.23 31-32 since dollar devaluation on February 1, 1934.
ON NEW ZEALAND CURRENCY BASIS. DIRECT DOLLAR RATES. The Bank of New South Wales, Wellington, quoted the following rates for their purchases and sales of foreign exchange yesterday: New Zealand. Buying. Selling, on London — £N.Z. to
N. pence to 1 dollar .. T.T. 17) 18 O.D. 17 15-32 17 63-64 T.T. represents telegraphic transfers. O. represents on demand transactions. The above rates ate subject to alteration without notice. The Associated Banks (other than the Bank of New South Wales), quoted the following dollar rates yesterday ori a New Zealand currency basis. They are subject to alteration without notice. U.S.A. Canada.
N.Z. POUND ABROAD. Based on the figures quoted by the Bank of New South Wales the Now Zealand pound, compared with its original par value, is equivalent to approximately : 16s Id in London. £1 0s Id in Australia. 15s 3d in U.S.A. 16s 23d in Canada. 13s 7j|d in Franco. in Italy. 9s 63d in Germany. 12s 23d in Java. £1 8s lid in Japan.
New York, tlol. to £ Oct.. 3. ... 4.93 3-16 Par. +4/866 Montreal, tlol. to £ ... .... 4.92J 4.866 Paris, francs to £ ... ... 105 21-32 124.21 Brussels, bcl. to £ .... 29.32 43.611 Geneva, francs to £ ... .... 21.445 25.225 Amsterdam, florins to £ 9.32 12.107 Berlin, marks to £ ... ... 12.26 20.43 Stockholm, knr. to £ ... 19.395 13.159 Copenhagen, knr. to £ ... 22.40 18.159 Oslo, knr. to £ .... 19.90 18. lsy Vienna, schgs. to £ .... 26.50 34.585 Prague, knr. to £ .... 122 164.25 J-Iel’fors, marks to £ ... 227 193.23 Madrid, pcs. to £ .. 25.225 Lisbon, esc. to £ .... 1103-16 110 Milan, lire to £ — 92.46 Athens, draeh. to £ .. .... *550 375 Bucharest, lei to £ .. .... *675 813.60 Belgrade, din. to £ .. .... 276.31 Rio do J., p. to mil ... +4i 5.899 B. Aires, p. to peso 47.62 M. Video, p. to peso ... *t5b2 51 Calcutta, p. to rup. .. ... 18a 18 Shanghai, p. to dol. .. .... 143 — Hong-Kong, p. to dol. ... 141 — Yokohama, p. to yen ... 14 24.582 Batavia, florins to £ .. .... 9.265 12.107 tSellers, official. "Sellers.
£stg,100 ... T.T. 124 124/10/0 Australia— £ A. to £N.Z. O.D. 123/10/0 124/8/9 100 T.T. 101 100/10/0 Fiji— ilF. to £N.Z. O.D. 101 100/10/6 100 T.T. 90/7/6 86 New York — Dollar to £1 O.D. 90/7/6 89 N.Z . T.T. 3.99 3.95,i Montreal — Dollar to £1 O.D. 4.00i 3.952 N.Z . T.T. 3.98| 3.94a France— Francs to £1 O.D. 3.99£ 3.95g N.Z .. T.T. — 84.47 Hong-Kong— O.D. — 84.51 N.Z. pcnco . T.T. 1813-64 18 45-64 Japan— N.Z. penc« O.D. 18 11-64 18 11-16 to 1 yen .... .. T.T. “ 17 31-64 Shanghai— O.D. — 17 15-32
(per (per Selling— t.t dols. 3.95 4 dols. 3.95 o.u. 3.95? 3.95£ Buying— O.D 4.00g 3.99g
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/MS19361006.2.49.8
Bibliographic details
Manawatu Standard, Volume LVI, Issue 264, 6 October 1936, Page 5
Word Count
448FOREIGN EXCHANGE. Manawatu Standard, Volume LVI, Issue 264, 6 October 1936, Page 5
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