Zealand Currency Basis
The Bank of New South Wales, Wellington, quoted the following rate* for its purchases and sales of foreign exchange on October 6, 1938:
New Zealand on Buying. SeUingt London— £N.Z. to fstg.100 123/11/8 liii/W Australia — £A. to £N.Z. 100 .. .. T.T. O.D. 100/17/610U/6/100/17/6 100/6/Fiji— £F. to £N.Z. 100 .. .. T.T. 90/7/6 % O.D. 90/7/6 New York— Dollars to £N.Z.l .. 2$: m urn Montreal — Dollars to 3.87W 18798 £K.Z.l .. S& ;>.9ii2 3.9199 Denmark— Kroner to 17.893 17.895 £N.Z.l .. T.T. O.D. 18.203 18.263 France— £N.Z.l .. T.T. 145.28 149.78 O.D. — 142.80 Switzerland — Francs to £N.Z.l .. T.T. 17.088 16.818 O.D. 17.193 16.820 T.T. represents telegraphic transfers. O.D. represents on demand transacAll rates are subject to alteration without notice.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/MT19381007.2.112
Bibliographic details
Manawatu Times, Volume 63, Issue 237, 7 October 1938, Page 9
Word Count
114Zealand Currency Basis Manawatu Times, Volume 63, Issue 237, 7 October 1938, Page 9
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