Foreign Exchange on New Zealand Currency Basis
The Bank of New South Wales, Wellington, quoted the following rates for its purchases and sales of foreign exchange on February 25, 1938:
New Zealand on London— £N.Z. to Buying. Selling. £stg.l00 . T.T. 124 124/10/O.D. Australia— £A. to £N.Z. 123/10/124/8/9 100 .. .. T.T. 101 100/10/O.D. Fiji— £F. to £N.Z. 101 100/10/100 .. .. T.T. 90/7/6 89 O.D. New York— Dollars to 90/7/6 89 £N.Z.l .. T.T. 4.0558 4.0211 O.D. Montreal— Dollars to 4.065S 4.0251 £N.Z.l .. T.T. 4.0547 4.0223 O.D. Denmark— Kroner to 4.0667 4.0263 £N.Z.l .. T.T. 18.203 17.893 O.D. France— Francs to 18.263 17.899 £N.Z.l .. T.T. 122.83 O.D. Switzerland— Francs to 122.85 £N.Z,1 .. T.T. 17.528 17.258 O.D. 17.633 17.263 T.T. represents telegraphic transfers. O.D. represents on tions. demand transacAll rates are subject to alteration without notic-
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Bibliographic details
Manawatu Times, Volume 63, Issue 48, 26 February 1938, Page 9
Word Count
129Foreign Exchange on New Zealand Currency Basis Manawatu Times, Volume 63, Issue 48, 26 February 1938, Page 9
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