COMMERCIAL
LONDON EXCHANGE KATES
The Bank of New Zealand advises substantial alterations in the exchange rates in London, the revised scale having come into force on December 4. The new rates have been fixed as follows, previous rates being quoted in parentheses: Buying: On demand, 5s per cent, premium (2s 6d discount); three days, 3s premium (4s 6d discount); 30 days, 5s discount (12s 6d discount); 60 days, 15s (22s 6d); bO days, 25s (32s 6d); 120 days. 35s (42s 64). Selling: On demand, 30s premium (20s premium); 30 days, 22s 6d (12s 6d); GO days. 15s (ss); 90 days, 7s 6d premium (2s 6d discount). Telegraphic transfers, 42s 6d premium (355).
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https://paperspast.natlib.govt.nz/newspapers/PBH19291231.2.129
Bibliographic details
Poverty Bay Herald, Volume LV, Issue 17146, 31 December 1929, Page 12
Word Count
112COMMERCIAL Poverty Bay Herald, Volume LV, Issue 17146, 31 December 1929, Page 12
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