FOREIGN EXCHANGE.

Manawatu Standard, Volume LVII, Issue 207, 2 August 1937, Page 5

FOREIGN EXCHANGE.

ON NEW ZEALAND CURRENCY BASIS. ' The Bank of New South Wales, Wellington, quoted the following rates for their purchases and sales of foreign exchange on Saturday:— . .

T.T. represent* telegraphic transfers. O.D. represents on demand transactions The above rates are subject to alteration without notice. The Associated Banks (other than the Bank of Now Soutli Wales), quoted the following dollar rates on Saturday on a New Zealand currency basis, They are subject to alteration without notice.

New Zealand, on London — £N.A. to Buying. Selling. £stg.l00 .. T.T. 124 124/10/0 Australia— £A to £N.Z. O.D. 123/10/0 124/8/D 100 T.T. — — Fiji— £F to J3N.Z. O.D. 101 109/10/0 100 T.T. — — New York — Dollars to £ O.D. 90/7/6 89 N.Z. T.T. 4.0253 3.9883 Montreal — Dollars to £ O.D. 4.0353 3.9923 N.Z. T.T. 4.0255 3.9906 Fre nee— O.D. 4.0380 3.9946 N.Z . T.T. - 105.90 Hong-Kong— N.Z. pence O.D. - 105.94 .. T.T. 18 9-64 18 37-64 Japan— N.Z. pence O.D. 18 7-64 18 37-64 to yen .. T.T. — 17 15-32 Shanghai— N.Z. nonce O.D. - 17 15-32 to dollar .. T.T. 17 29-64 17 57-64 O.D. 17 27-64 ■17 57-64

U.S.A. Canadian Dol. (Per Dol. (Per £1 N.Z.) £ N.Z.) T.T 3.98s 3.99i 0.1) 3.99 5-16 3.994 Buyiny — O.D 4.03j 4.03 13-16