FOREIGN EXCHANGE.
NEW ZEALAND CURRENCY BASIS. The Bank of New South Wales, Wellington, quoted the following rates for their purchases and sales- of loreign exchange yesterday :
NEW ZEALAND POUND ABROAD. Based on figures quoted by the Bank of New South Wales, the New Zealand pound compared with its original nar value, is equivalent to approximately: 16s Id in London. £1 Os Id in Australia. 16s lid in U.S.A. 16s lid in Canada. 13s 6Jd in France. 9s 6d in Germany. 16s lid in Italy. Us BJd in Java. £1 8s lid in Japan.
New Zealand. Buying. Selling. on London — £N.Z. to £stg.l00 ... T.T. 124 124/10/0 O.D. 123/10/0 124/8/9 Australia — £1 to £N.Z. 100 T.T. — O.D. 101 100/10/0 Fiji£F to £N.Z. 100 T.T. — — O.D. 90/7/6 89 New York — Dollars to £1 N.Z T.T. 3.95J 3.922 O.D. 3.97 3.92j Montreal— llollara to £1 N.Z T.T. 3.95 J 3.922 O.D. 3.97 3-922 France — Francs to £ N.Z . T.T. — 84.23 O.D. — 84.27 Iiong-Kong— N.Z. pence to 1 dollar .. T.T. 18 9-32 18 25-32 O.D. 182 13 49-64 Japan— N.Z. pence to 1 yen . T.T. — 17 31-64 O.D. — 17 15-32 Shanghai— N.Z. pence to 1 dol. ... T.T. 17 27-32 18 11-32 O.D. 1713-16 18 21-64 T.T. represents telegraphic transfers. O.D. represents on demand transactions. Tho above rates are subject to alteration without notice. The Associated Banks (other than tho Bank of New South Wales),. quoted the following dollar rates yesterday on a New Zealand currency basis. They are subject to alteration without notice. U.S.A. Canadian Dol. (Per Dol. (Per Selling— £1 N.Z.) £1 N.Z.) T.T 3.922 3.922 0.0 3.92g 3.922 Buying— O.D 3.97 3.96J
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Bibliographic details
Manawatu Standard, Volume LVII, Issue 72, 24 February 1937, Page 16
Word Count
268FOREIGN EXCHANGE. Manawatu Standard, Volume LVII, Issue 72, 24 February 1937, Page 16
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