Exchange Rates
p. 69 · Read in the full issue
FlJl.—August 18: Through Bank of NSW, ANZ Bank, Bank of NZ, Bank of Baroda, First National City Bank, Aust $ on Fiji buying
$F 1.0972 = Sai.
COOK IS., NIUE.—New Zealand currency Is used.
NEW HEBRIDES.—Through Bank of NSW, AN?
NEW HEBRIDES.—August 18: Through Bank of NSW, ANZ Bank, Commercial Bank of Australia, National Bank of A'asia, Banque Nationale De Paris, Barclays Bank, Hong Kong & Shanghai Banking Corp, Mosbert Bank, SAI = 92.44 New Hebridean francs (buying); 90.49 (selling)—airmail fransfer rate.
WESTERN SAMOA.—Through Bank of Western Samoa, controlled from NZ, SWS. Tala 1 = $A0.8041 (buying), $A0.7931 (selling).
TONGA.—Tongan dollar (pa'anga) = $A0.8826 (buying), $A0.8650 (selling).
Norfolk Is, Solomon Is, Geic, Nauru—
Australian currency used; no exchange payable in transactions with Australia.
PAPUA NEW GUINEA.—PNG and Australian currency used; no exchange payable in trans actions with Australia.
FRENCH PACIFIC COLONIES.—Pacific francs (CFP) are used in New Caledonia, Wallis and Futuna Is, and Fr Polynesia. French Bank, Sydney, on August 18, quoted: SAI = 104.00 CFP (buying), 101.80 (selling). Paris-London, August 18: £1 = 9.2200 francs (buying), 9.2100 francs (selling). Pacific franc—London, Aug 18: £1 = 167.5909 CFP (buying), 167.4090 CFP (selling). CFP to 1 metropolitan franc 18.43 (buying), 17.94 (selling).
Banks should be approached for daily rates.
• S. E. Tatham and Co Pty Ltd, well known islands trading company, have moved their Melbourne-based parent office. The new and larger offices will be situated in the Beehive Building, 94 Elizabeth Street, Mel bourne. Mr A. Duldig, managing director, said the move will bring all operations together and enable the company to continue to offer the same efficient service as they have for over 50 years.
• Santo is looking to a good year as a tourist area. The town is now a port of call for tourist ships, the first of which, for 1975, the Fairstar called recently.