DOLLAR AND STERLING
Received June 26, 5.5 p.m. LONDON, June 25. Sterling exchange, London on New York, 5.03 i dollars. The rate from June 2 to June 25 has ranged from 5.06 to 5.03 7-16 delta is. Dois, to £1 June 1 5.07 a Alay 1 .. .. ~ ~ ~ ~ 5.lJ| April 3 5.144 March 1 5.96-$ February 2 4.95 January 2 5.17} November 16 (low record) 5.53 The original par value of the United States dollar with sterling is 4.86 2-3 dollars, but since February .1. 1934, when the dollar was devalued, par value is 8.23 31.-32. DOLLAR EXCHANGE RATES Current dollar exchanges, as quoted yesterday by the New Zealand banks, are as under, compared with previous quotations:U.S. Dollars to £1 May 28. June 11. June 25. Buying .. .. 5.19 5.16 5.13 Selling .. .. 4.99 4.96 4.93 Canadian Dollars to £1 Buying .. ..5.18 5.12 5.10 Seiling .. .. 4.98 4.92 4.90 THE FRENCH FRANC Received Juno 26, 5.5 p.m. LONDON, June 25. Sterling exchange c-n Paris, 76 5-16 francs to £l.
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Bibliographic details
Wanganui Chronicle, Volume 77, Issue 150, 27 June 1934, Page 11
Word Count
164DOLLAR AND STERLING Wanganui Chronicle, Volume 77, Issue 150, 27 June 1934, Page 11
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