FOREIGN EXCHANGE.
POSITION OF STERLING. LONDON, May 31. The following- moan closing rates on fotnign exchanges were current today compared with par:
LONDON, May 31. ■ Gold. —£7 Os 63d an ounce, fine. Silver. —Spot, 20id an ounce; forward, 20 5-16 d. ON NEW ZEALAND CURRENCY BASIS. The Bank of New South Wales, Wellington, quoted the following rates for their purchases and sales of foreign exchange yesterday:
T.T. represents telegraphic transfers. O.D. represents on demand transactions. The above rates are subject to alteration without notice. The Associated Banks (other than the Bank of New South Wales), quoted the following dollar rates yesterday, on a New Zealand currency basis. They are subject to alteration without notice.
Mav 31. Par. New York, clol. to £ ... 4.921 4.866 Montreal, dol. to £ 4.92| 4.866 Paris, francs to £ 110 39-64 124.21 Brussels, bel. to £ 29.225 48.611 Geneva, francs to £ 21.60 25.225 Amsterdam, florins to £ 8.95-4 12.107 Berlin, marks to £ 12.291 20.43 Stockholm, knr. to £ ... 19.395 18.159 Copenhagen, knr. to £ .. 22.40 18.159 Oslo, knr. to £ 19.90 18.159 Vienna, schgs. to £ 26.50 34.585 Prague, knr. to £ 141.50 134.25 Hel’fors, marks to £ ... 226.125 493.23 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 do J., p. to mil. ... +4.< 5.899 B, Aires, p. to peso — M. Video, p. to peso ... +391 47.62 51 Calcutta, p. to nip 18j 18 Shanghai, p. to dol. ... 14£ — Hong-Kong, p. to dol. . 14 27-32 — Yokohama, p. to yen ... 13 63-64 24.582 Batavia, florins to £ ... 8.95 * Unofficial. +Official. 12.107
New Zealand. Buying. Selling. on , London — £N.Z. to dBstg.100 ... 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— X, to £N.Z. 100 T.T. — — O.D. 90/7/6 89 New York— Dollars to £ N.Z . T.T. 3.9813 3.9455 O.D. 3.9938 3.9505 Montreal— Dollar to £ N.Z . T.T. 3.9814 3.9465 O.D. 3.9939 3.9515 France — __ Francs to £ N.Z . T.T. — 88.63 O.D. — 88.67 Hong-Kong— N.Z. pence to 1 dollar .. T.T. 18& 181' O.D. 18 3-32 18 39-64 Japan— N.Z. pence to 1 yen ... .. T.T. — 17 15-32 O.D. — 17 29-64 Shanghai— N.Z. pence to 1 dollar .. T.T. 17 47-64 18 15-64 O.D. 17 45-64 18 7-32
U.S.A. Canadian Dol (Per Dol. (Per Zl N.Z.) £1 N.Z.) T.T 3.94| 3.94 11-16 O.D 3.95g 3.95 3-16 Buynifr— O.D 3.99 7-16 3.99 7-16
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/MS19370602.2.141
Bibliographic details
Manawatu Standard, Volume LVII, Issue 155, 2 June 1937, Page 14
Word Count
394FOREIGN EXCHANGE. Manawatu Standard, Volume LVII, Issue 155, 2 June 1937, Page 14
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.