Foreign Exchange on New Zealand Currency Basis

Manawatu Times, Volume 60, Issue 92, 20 April 1935, Page 6

Foreign Exchange on New Zealand Currency Basis

The Bank of New South Wales, Wellington, quoted tko following rates for their purchases and sales of foreign exchange on April IS:—

Xcw Zealand Buying. Selling. Oil London— £N.Z. to £stg,100 T.T. 121 121/10/O.P. 123/30/124/7/0 Australia — £A. to £N.Z. 100 .. .. T.T. 101 100/10/O.P. 101 100/10/Fiji— £F to £N.Z. ICO .. .. T.T. 90/7/0 S9 O.P. 90/7/0 S9 Xew York— dollars to £N.Z.l . T.T. 3.92J 3.88 i O.D. 3.9-1 3.S9} Montreal— dollars to £N.Z.l . T.T. 3.93S3.89 i O.D. 3.94} 3.90“ France— Francs to £N.Z.l . T.T. 59.70 5-S.10 O.D. 00.00 58.5.1 Noumea— Francs to £N.Z.l . T.T. 00.71 57.71 O.P. 01.11 57.70 Papeete— Francs to £N.Z.l . T.T. GO. 7.1. 57.7.1. O.P. 01.11 57.70 Belgium— Belgas to £N.Z.l . T.T. — 22.721 O.iO. — 22.739 Germany— Benchmarks £N.Z.l . T.T. — 9.455 O.P. — 9.170 Italy— Lire to £X.Z.l . T.T. — 40.30 O.P. — 46.31 Switzerland— Francs to £X.Z.l . T.T. 12.20S 11.808, O.P. 12.313 J1.S7S Holland— Florins 1, £X.Z.l . T.T. 5.9.12 5.002 O.D. 5.0G2 5.000 Java—Florins to £N.Z.l . T.T. 5.S75 5.050 O.D. 5.925 5.054 Japan— N.Z. Pence to I Yen T.T. — 17 13/10 O.P. — — Shanghai— X.Z. Pence to 1 Pol. T.T. 23 13/32 24 23/32 O.P. 23 9/32 24 21/32 India and Ceyl on— N.Z. Pence to 1 Pup. T.T. 22 11/32 2211/10 O.D. 22 7/32 22JHong Kong— N.Z. Pence to 1 Pol. T.T. 31J 32 9/10 O.P. 31 i 324 Singapore— K.Z. Pence to 1 Pol. T.T. 34 5/10 35} O.P. 31 3/10 35 3/1(1 Pates i'or Czecho-,Slovakia, Denmark, Norway, Sweden and had on application. Austria may bo T.T. represents telegraphic transfers. O.D. represents on demand transactions. The above rates are subject to alteration without notice-