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FOREIGN EXCHANGES.

POSITION OF STERLING. LONDON, March 3. The following mean closing rates on foreign exchanges were current to-day compared with par:

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 :

The Associated Banks (other than the Bank of New Soutli 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 Dot. (Pei Selling— £1 N.Z.) £1 N.Z.) T.'T. 4.02 5-16 4.02| O.D 4.02 11-16 4.02^ Buying— O.D 4.06| 4.0513-16

Now York, dol. to £ ... Mar. 3. 5.0113-16 Par. 4.866 Montreal, dol. to £ Paris, francs to £ 5.01 13-16 4.866 154 1-32 124.21 Brussels, bcl. to £ Geneva, francs to £ 29.56i 48.611 21.61 25.225 Amsterdam, florins to £ 8.963 12.107 Berlin, marks to £ 12.40 23.43 Stockholm, knr. to £ ... 19.415 18.159 Copenhagen, knr. to £ . 22.40 18.159 Oslo, knr. to £ 19.90 16.159 Vienna, seller* tr, £ 26. SO 34.585 Ilcrfors, marks to £ ... 226.125 193.23 Prague, knr. to £ 142 11-16 134.25 Maurid. pea. to ±, — 25.225 Mtsbon, esc. lo £ 110 3-16 100 Milan, lire to £ 95.375 92 Athens, drac. to £ ....... Bucharest, lei to £ 547.50 375 667.50 813.60 Belgrade, din. to £ 216 276.31 Rio de J., p. to mil. ... +2 13-16 ' 4.899 B. Aires, p. to peso — 47.62 M. Video, p. to peso ... J21 1 51 Calcutta, p. to rup ... 18A 18 JMarket Rate. * tSellers Official.

New Zealand, on London — £N.Z. to Buying. Selling stg.100 ... T.T. 124 124/10/0 Australia— £A. to £N.Z. O.D. 123/10/0 124/8/9 100 T.T. 101 100/10/0 o is O.D. 101 100/10/0 100 T.T. 00/7/6 89 New York— Do!inr to O.D. 80/7/6 89 N.Z T.T. 4.0568 4.0221 Montreal — Dollar to O.D. 4.0668 4.0261 N.Z T.T. 4.0563 4.0239 France — Francs to O.D. 4.0683 4.0279 N.Z T.T. — 122.72 Hong Kong— N.Z. pence O.D. 122.76 to 1 dollar .. T.T. 18 29 64 18 53-64 Japan— N.Z. pence O.D. 18 27-64 18 53-64 to yen T.T. — 17 31-64 Shanghai— N.Z. pence O.D. 1731-64 to dollar ... T.T. — 18 9-64 O.D. — 18 9-64

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/MS19380305.2.58.3

Bibliographic details

Manawatu Standard, Volume LVIII, Issue 82, 5 March 1938, Page 6

Word Count
339

FOREIGN EXCHANGES. Manawatu Standard, Volume LVIII, Issue 82, 5 March 1938, Page 6

FOREIGN EXCHANGES. Manawatu Standard, Volume LVIII, Issue 82, 5 March 1938, Page 6

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