FOREIGN EXCHANGES.
POSITION OF STERLING. ✓ LONDON, May 28. The following mean closing rates on
LONDON. May 29. Gold.—£7 Os 7jd an ounce, fine. Sterling exchange, London on New York, 4.93 7-16 dollars; on Paris, 110 11lfifrancs. ON NEW ZEALAND CURRENCY BASIS. The Bank of New South Wales, Wellington, quoted the following rates for their purchases and sales of foreign exchange on Saturday: New Zealand. Buying. Selling. on , London—£N.Z. to
O.D. 17 23-32 1815-64 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 Saturday, on a New Zealand currency basis. They are subject to alteration without notice. U.S.A. Canadian Dot (Per Dol. (Per Selling—- £1 N.Z.) £1 N.Z.) T.T 3.95 a 3.95 11-16 O.D 3.961 3.96 3-16 Buying— O.D 4.0011-16 4.001
fotcign exchanges were current to-day ccmpared with par:-,-May 28. Par. New York, dol to £ .. 4.9,5 31-32 4.866 Montreal, dol. to £ ... .. 4.935 4.866 Paris, francs to £ ... 110 43-62 124.21 Brussels, bel. to £ ... .. 29.27J 48.611 Geneva, francs to £ .. .. 21.63 25.225 Amsterdam, florins to £ 8.98g 12.107 Berlin, marks to £ ... .. 12.30 20.43 Stockholm,., knr. to £ .. 13.395 18.159 Copenhagen, knr. to £ .. 22.40 18.159 Oslo, knr. to £ ... 19.90 18.159 Vienna, scligs. to ,E .. ... 26.50 34.585 Prague, knr. to £ ... ... 141.75 134.25 Hel'fors, marks (o £ ... 226.125 193. <d3 Madrid, pes. to £ .. .. • 25.225 Lisbon, esc. to £ '.. 110 3-16 100 Milan, lire to £ ... 93.875 92 Athens drach. to £ .. ... *547i 375 Bucharest, lei to £ .. ... *672,50 813.60 Belgrade, din. to £ .. 215 276.31 Rio de J., p. to mil. .. +4i 5.899 B. Aires, p. to peso .. 47.62 M. Video, p. to peso .. +39 i 51 Calcutta, p. to rup. .. ... I8i 18 Shanghai, p to dol. .. 14 15-32 — Hong-Kong, p. to dol. . 14 27-32 — Yokohama, p. to ven ... 14 24.582 Batavia, florins to £ ... 8.965 12.107 ‘Unofficial. +Ofiieial.
£stg.lOO ... 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— £ to £N.Z. 100 T.T. — — O.D. 90/7/6 89 New York— Dollars to £ N.Z . T.T. 3.9945 3.9577 O.D. 4.0070 3.9627 Montreal — Dollar to £ N.Z . T.T. 3.9911 3.9562 O.D. 4.0036 3.9612 France — Francs to £ N.Z T.T. — 8B.68 O.D. — 88.72 Hong-Kong — N.Z. pence to 1 dollar . T.T. 18 3-16 18 11-16 O.D. 18 5-32 18 43-64 Japan— N.Z. penco to 1 yen ... .. T.T. - 17 15-32 O.D. — 17 29-64 Shanghai— N.Z. penco to 1 dollar .. T.T. 172 18*
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/MS19370531.2.141.11
Bibliographic details
Manawatu Standard, Volume LVII, Issue 153, 31 May 1937, Page 12
Word Count
398FOREIGN EXCHANGES. Manawatu Standard, Volume LVII, Issue 153, 31 May 1937, Page 12
Using This Item
Stuff Ltd is the copyright owner for the Manawatu Standard. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.