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FOREIGN EXCHANGE

ON NEW ZEALAND CURRENCY BASIS, 21st JUNE, 1937. The Bank of New South Wales, Nelson, quoted the following rates for their purchases and sales of foreign exchange yesterday (all rates subject to alteration without notice): —

New Zealand Buying. Selling. on London— N.Z. to £stg. 100 T.T. 124 124/10/O.D. 123/10/ 124/8/9 Australia— £A to £N.Z. 100 T.T. 101 100/10/O.D. 101 100/10/Fiji— £F to £N.Z. 100 T.T. 90/7/6 89 O.JJ. 90/7/6 89 New York— Dollars to £N.Z.l ... T.T. 3.9955 3.9587 O.D. 4.0055 3.9627 Montreal— Dollars to £N.Z.l ... T.T. 3.9958 3.9609 O.D. 4.0083 3.9649 Germany— Keicli marks to £.«.Z.l ... T.T. — 9.823 O.D. — 9.828 Hong Kong— N.Z. pence to 1 dollar ... T.T. 18 5-32 18 19 32 O.D. 18 1-8 18 19-32 India and Ceylon— N.Z. pence to 1 rupee ... T.T. 22 3-8 22 21-32 O.D. 22 11-32 22 21 32 Japan— N.Z. pence to 1 yen T.T. — 17 15-32 O.D. — 17 15-32 Shanghai— N.Z. pence to 1 dollar ... T.T. 17 45-64 18 9 64 O.D. 17 43-64 18 9-64 Singapore— N.Z. pence to 1 dollar ... T.T. 34 23-32 35 13-64 O.D. 34 5-8 35 13 64 T.T. represents telegraphic transfers. O.D. represents on demand transactions.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NEM19370622.2.7

Bibliographic details

Nelson Evening Mail, Volume LXXI, 22 June 1937, Page 2

Word Count
194

FOREIGN EXCHANGE Nelson Evening Mail, Volume LXXI, 22 June 1937, Page 2

FOREIGN EXCHANGE Nelson Evening Mail, Volume LXXI, 22 June 1937, Page 2