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COMMERCIAL.

EXCHANGE RATES

■United Press Association— By El«ctri« Telegraph — Copyright.

SYDNEY, April 15. From to-day the New South Wales banks will establish their exchange rates on London figures, in main upon a 3 per cent basis. They were placed upon a 44 per cent basis on March II last. This affects only thirty to 120 days' sight transactions.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/TS19080416.2.8

Bibliographic details

Star (Christchurch), Issue 9213, 16 April 1908, Page 1

Word Count
58

COMMERCIAL. Star (Christchurch), Issue 9213, 16 April 1908, Page 1

COMMERCIAL. Star (Christchurch), Issue 9213, 16 April 1908, Page 1