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FOREIGN EXCHANGE.

POSITION OF STERLING. LONDON, Nov. 20. The following' mean closing rates on foreign exchanges were current to-day compared with par : Nov. 20. Par.

ON NEW ZEALAND CURRENCY BASIS.

The Bank of New South Wales, Wellington, quoted the following rates for their purchases and gales of foreign exchange yesterday:-*- . New Zealand. Buying. Belling. Oil

The Associated Banks (other than the Bank of New South Wales) quoted the following dollar rates yestorday on a New Zealand ’currency basis. They are subject to alteration without notice.

N.Z. POUND ABROAD, Based on figures quoted bv the Bank of New South Wales, the New Zealand pound, compared with its orignal par value » equivalent to approximately • 16s Id in London. £1 Os Id in Australia, 16s 6d in U.S.A. 16s 6d in Canada. 18s lid in France. 16s 6d in Italy. 9s 8d in Germany, lid 10id in Java. £1 8s Id in Japan.

New York, dol. to £ ... 5.003 4.866 Montreal, dol. to £ 4.99J 4.866 Paris, francs to £ 14711-64 124.21 Brussels, bel. to £ 29.415 48.611 Geneva, francs to £ ... 21.62 25.225 Amsterdam, florins to £ 9.01f 12.107 Berlin, marks to £ 12.38 23.43 Stockholm, knr. to £ ... 19.395 18.159 Copenhagen, knr. to £ .. 22.40 18.159 Oslo. knr. to £ 19.90 18.159 Vienna, scbgs, to £ ... 26.50 34.585 Prague, knr. to £ 142 3-16 154.25 Hel'fors, marks to £ ... 220.125 193.23 Madrid, pes. to £ — 25.225 Lisbon, esc. to £ 110 3-16 100 Milan, lire to £ 95g ' 92 Athens, drac. to £ *545.5 6(b Bucharest, lei to £ 672.50 813.60 Belgrade, din. to £ Rio de J., p. to mil. ... 216 276.31 XI 29-32 4.899 B. Aires, p, to peso — 47.62 M. Video, p. to peso ... 39 13-15 51 Calcutta, p. to rup 18a 14 k 18 Shanghai, p. to do] 18 Hong Kong, p. to dol. . 15 \ — Yokohama, p. to yen ... 14 24.582 Batavia, florins'to £ ... y.lXJb ♦Unofficial. rate. 12.107

London — £N.Z. to fstg.100 .. T.T. 124 124/10/0 O.D. 123/10/0 124/8/9 Australia — £ A. to £N.Z. 100 T.T. 100/10/0 O.D. 101 Fiji— £F to £N.Z. 100 T.T. O.D. 90/7/6 89 New York — Dollars to £ N.Z T.T. 4.0478 4.0131 O.D. 4.0578 4.0171 Montreal — Dollar? to £ N.Z T.T. 4.0397 4.0073 O.D. 4.0517 4.0113 France — Francs to £ N.Z T.T. 117.19 O.D. — 117.23 Hong Kong— N.Z. pence to 1 dollar .. T.T 1813-32 18 25-32 O.D 181 18 25-32 Japan— N.Z. pence to yon T.T. 17 33-64 O.D. -a17 33-64 Shanghai— N.Z. pence to dollar . T,T. 17 63.64 O.D. — 17 63-64

Selling — U.6.A. Dol. (Per £1 N.Z.) 4.01946 Canadian Dol. (Per £1 N.Z.) 4.0015-16 d.P Buying— O.D 4.011546 4.06 4.015-16 4.05 6-16

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/MS19371123.2.140

Bibliographic details

Manawatu Standard, Volume LVII, Issue 304, 23 November 1937, Page 12

Word Count
416

FOREIGN EXCHANGE. Manawatu Standard, Volume LVII, Issue 304, 23 November 1937, Page 12

FOREIGN EXCHANGE. Manawatu Standard, Volume LVII, Issue 304, 23 November 1937, Page 12