Exchange Rates
p. 103 · Read in the full issue
FlJl.— Through Bank of NSW, ANZ Bank Bank of NZ, Bank of Baroda, First National City Bank. Sterling £ on Fiji $, buying £1 = $F2.085; selling £1 = $2.11. Aust. $ on Fiji $, buying $A1.0117 = SFI, selling $A1.0288 WESTERN SAMOA. —Through Bank of Western Samoa, controlled from NZ, seller $A1.2470 to SWS Tala 1.
Norfolk Is., Papua New Gulnea.—Aus
tralian currency used; no exchange payable in transactions with Australia.
FRENCH PACIFIC COLONIES.— Pacific francs (CFP) are used in New Caledonia, New Hebrides (Jointly with Australian dollars), Wallis and Futuna Is., and Fr. Polynesia. French Bank, Sydney, on Oct. 25, quoted: Selling, Noumea and Papeete, 113.36 Pac. francs to the sAust.; Paris-London: Buying, 13.7525 francs to the £ (commercial —export and import transactions). 13.4750 francs to the £ (financial—nearly all other transactions). Also £ equals 250.1818 Pac. francs.
Exchange rates are fluctuating be cause of the international currency crisis. Banks should be approached for daily quotes.