The news magazine of the South Pacific · since 1930

Pacific Islands Monthly, 16 March 1942Vol. XII, No. 8

Exchange Rates

p. 52 · Read in the full issue

r T'HE following exchange quotations show the rates existing in Sydney- in mid-March:—

Fiji

Through Bank of NSW and Bank of New Zealand:— Australia on Fiji on basis of £inn Fiji: Buying. £Alll/2/6; selling, £AII3. Fiji.

London on basis £lOO London: J

Western Samoa

Through Bank of New Zealand:—Australia on Western Samoa, basis £lOO Samoa— buying £ A99/12/6; selling, £AIOO/2/6. Samoa on London, basis £lOO In London:—

New Guinea And Papua

Only nominal at present.

New Caledonia And Tahiti

London banks nowadays do not quote on Paris; therefore the rates formerly furnished to the “PIM” by the Comptoir National d’Escompte de Paris, Sydney, and the Bqmk of NSW are unavailable. Most of the business between the Free French "Colonies in the Pacific; and Australia is being done in Australian currency; but there is in existence an unofficial, fiutftuating rate of between 140 and 143.5 francs; to the Austra lian £. j Mr. J. L. Scott, who came to Australia from Fiji a short time ago, after he had been injured in a moto. - accident at Nausori, died in Sydney ir# January. He was for 25 years in the employ of the CSR Company, as chief engineer at

Labasa and, later, Nausori.?

Telegraphic transfer .

Buying. £ s. d. .. 110 15 0

Selling.

£ s. d. 112 o 0 On demand HI 17 6

Buyihg.

Selling.

£ s. d. £ s. d.

Telegraphic transfer

— £125 10 0 On Demand £122 18 9 125 7 6 30 days 122 8 9 125 2 6 60 days 121 18 9 124 17 6 90 days 121 S 9 124 12 6 120 days 120 18 9