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FOREIGN EXCHANGE.

POSITION OF STERLING, LONDON, Doc. 4. The following; mean closing rates on foreign exchanges were current to-day compared with par:—

tSellc’rs, official. *Sellers. jlbir, 8.23 31-32 since dollar devaluation on February 1, 1934. ON NEW ZEALAND CURRENCY BASIS. The Bank of New South Wales, Wellington, quoted the following rates for their purchasers and sales of foreign exchange

N to'l P doUar .. T.T. 1713-16 18 5-16 to 1 ciouar 17 25-32 18 19-64 TT. reprosentfc telegraphic transfers. OD represents on demand ti ansactions. The above rates are subject to alteration without notice. , , ,» The Associated Bank' (other than the Bank of New South Wales), quoted the following dollar rates on Saturday on a New Zealand currency basis, llioy ate subject to alteration ""thimt^otica.

Dee. 4. Par. Now York, dol. to £ ... 4.901-16 *4.866 Montreal, dol. to £ ... .... 4.90g 4.866 Paris francs to £ ... 105 9-32 124.21 Brussels, bel. to £ ... 28.97 48.611 Genova, francs to £ ... .... 21.325 15.225 Amsterdam, florins to £ 9.01 12.107 Berlin, marks to £ ... .... 12.18 20.43 Stockholm, knr. to £ ... 19.395 18.159 Copenhagen, knr. to £ ... 22.40 18.159 Oslo, knr. t-o £ .... 19.90 18.159 Vienna, schgs. to £ .. .... 26.50 34.585 Prague, knr. to £ .. 133.625 164.25 Ilel’fors, marks to £ ... 226.75 193.23 Madrid, pes. to £ .... —* 25.225 Milan, lire to £ .... 93.125 92 Lisbon, esc. to £ .... 110 3-16 110 Athens, drach. to £ .. .... *5474 375 Bucharest, lei to £ .. .... *6674 813.60 Belgrade, din. to £ .. .... 213 276.31 Rio do J., p. to mil. ... +41 5.899 B. Aires, p. to peso ... 47.62 M. Video, p. to peso ... *39 1 51 Calcutta, p. to rup. .. .... 184 18 Shanghai, p. to dol. ... .... ,14 17-32 — Hong-Kong, p. to dol. ... 14 15-16 — Yokohama, p. to yen ... 13 61-64 24.582 Batavia, florins to £ ... 8.975 12.107

on Saturday: — New Zealand • Buying. Selling. on London — £N.Z. to 124/10/0 £bt g .100 ... T.T. 124 O.D. 123/10/0 124/8/9 Australia— £A. to £N.Z. 100 T.T. - — O.D. 101 100/10/0 £N.Z. T.T. — 100 O.D. 90/7/6 89 Now York— . T.T. 3.961 3.921 NZ O.D. 3.971' 3.934 Montreal — 3.921 3.931 N.Z . T.T. 3.961 O.D. 3.97| France — 84.26 NT / . T.T. — O.D. - 84.30 Hong-Kong — N.Z. pence to 1 dollar . T.T 18 9-32 18 25-32 O.D. I84 18 49-64 Japan — N.Z. pence to 1 yen T.T. — O.D. - 17 29-64 17 7-16 Shanghai

Se! liner — (per £1 N.Z.) (ppr £1 N.Z. dol^. 3.923 3.92a O.D 3.93| 3.93| Buvimr — O.D. 3.97| 3.97i

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/MS19361207.2.51.4

Bibliographic details

Manawatu Standard, Volume LVII, Issue 7, 7 December 1936, Page 5

Word Count
378

FOREIGN EXCHANGE. Manawatu Standard, Volume LVII, Issue 7, 7 December 1936, Page 5

FOREIGN EXCHANGE. Manawatu Standard, Volume LVII, Issue 7, 7 December 1936, Page 5