Fiji Exchange

Rates Now Revised

THE Fiji rates of exchange have

been recently revised. The Bank of New South Wales notified the new rates as follows: FIJI ON LONDON—Basis £ 100 London.

Buying.

Telegraphic Transfer ... £ 107 .. 9 .. 0 On Demand ... 106 .16 .. 6 30 days ... 106 .. 7 .. 9 60 days ... 106 .. 3 .. 0

Selling.

Telegraphic Transfer ... £108 .11 .. 6 On Demand ... 108 .. 6 .. 6 30 days ... 108 .. 1 .. 6 60 days ... 107 .16 .. 6

Fiji On Australia Basis £100 Fur.

Buying £ll5 12 0 Selling 113 12 0

Fiji On New Zealand—Basis £100

... New Zealand.

Buying ... £99 .. 0 .. 0 Selling ... 101 .. 0 .. 0 The effect of the premium on money coming from Fiji to Australia is that merchants in the Colony purchasing goods here receive £100 worth by send-

ing £88.