1 MARCH
THE NEW ZEALAND GAZETTE
471

Jamaica ....... 1.80 J. Dollar
Japan ......... 209.82 Yen
Malaysia ...... 2.28 M. Dollar (Ringgit)
Mexico ........ 24.18 Peso
Netherlands ... 2.11 Florin (Guilder)
Pakistan ...... 10.38 Rupee
Philippines ... 7.67 Peso
Portugal ...... 48.65 Escudo
Singapore ..... 2.26 S. Dollar
South Africa .. 0.88 Rand
Sri Lanka ..... 15.72 Rupee
Sweden ........ 4.56 Krona
Switzerland ... 1.74 Franc
Tonga ......... 0.91 Pa'anga
United Kingdom 0.53 Pound
U.S.A. ........ 1.06 Dollar
West Germany .. 1.95 Mark
Western Samoa . 0.75 Tala

Dated at Wellington this 23rd day of February 1979.

I. A. KEAN, Comptroller of Customs.

Exchange Rates

In terms of section 25 (2) of the Reserve Bank of New Zealand Act 1964, the Reserve Bank today released outer limits for rates of exchange to be used in transactions involving the conversion of New Zealand currency into foreign currencies and foreign currencies into New Zealand currency when delivery of the foreign currency dealt in will be effected by telegraphic transfer. The following range of rates, for the main currencies used by New Zealand traders in settling foreign exchange transactions, will remain in force until replaced by a new schedule issued by the Reserve Bank. These rates do not apply to transactions for settlement after the expiration of two business days (forward transactions) or to transactions in which instruments are purchased which do not entitle the buyer to foreign currency balances in the foreign centre until the instruments have been delivered at the foreign centre. In the latter case interest at foreign centre rates may be deducted from the telegraphic transfer rate to compensate the purchaser for his loss during the transit period.

Country and Currency Range of Rates
Australia (Dollar) 0.9081– 0.9547
Austria (Schilling) 13.9508– 14.9500
Belgium (Franc) 29.5682– 32.0322
Canada (Dollar) 1.2280– 1.2910
China (Renminbi) 1.6212– 1.7043
Denmark (Kroner) 5.2816– 5.5525
Fiji (Dollar) 0.8544– 0.8982
France (Franc) 4.3927– 4.6180
Hong Kong (Dollar) 4.9390– 5.1923
India (Rupee) 8.3944– 8.8248
Italy (Lira) 863.4654–907.7448
Japan (Yen) 206.2381–216.8142
Malaysia (Ringgit) 2.2542– 2.3698
Netherlands (Guilder) 2.0624– 2.1681
New Caledonia and Tahiti (Franc) 79.8257– 83.9192
Norway (Kroner) 5.2367– 5.5053
Pakistan (Rupee) 10.1336– 10.6533
Portugal (Escudo) 48.7844– 51.2861
Singapore (Dollar) 2.2283– 2.3426
South Africa (Rand) 0.8773– 0.9223
Spain (Peseta) 71.1006– 74.7467
Sri Lanka (Rupee) 15.6434– 16.4457
Sweden (Krona) 4.4853– 4.7153
Switzerland (Franc) 1.7210– 1.8093
United Kingdom (Pound) 0.5129– 0.5393
United States of America (Dollar) 1.0283– 1.0811
West Germany (Deutschmark) 1.9056– 2.0033

Date: 20 February 1979.
Time: 9 a.m.

A. TULLOCH,
Assistant Chief Cashier,
Reserve Bank of New Zealand, Wellington.

Exchange Rates

In terms of section 25 (2) of the Reserve Bank of New Zealand Act 1964, the Reserve Bank today released outer limits for rates of exchange to be used in transactions involving the conversion of New Zealand currency into foreign currencies and foreign currencies into New Zealand currency when delivery of the foreign currency dealt in will be effected by telegraphic transfer. The following range of rates, for the main currencies used by New Zealand traders in settling foreign exchange transactions, will remain in force until replaced by a new schedule issued by the Reserve Bank. These rates do not apply to transactions for settlement after the expiration of two business days (forward transactions) or to transactions in which instruments are purchased which do not entitle the buyer to foreign currency balances in the foreign centre until the instruments have been delivered at the foreign centre. In the latter case interest at foreign centre rates may be deducted from the telegraphic transfer rate to compensate the purchaser for his loss during the transit period.

Country and Currency Range of Rates
Australia (Dollar) 0.9107– 0.9575
Austria (Schilling) 13.9270– 14.6412
Belgium (Franc) 29.4921– 31.9498
Canada (Dollar) 1.2321– 1.2953
China (Renminbi) 1.6143– 1.6970
Denmark (Kroner) 5.2786– 5.5493
Fiji (Dollar) 0.8552– 0.8990
France (Franc) 4.3839– 4.6087
Hong Kong (Dollar) 4.9605– 5.2149
India (Rupee) 8.3586– 8.7872
Italy (Lira) 863.3472–907.6205
Japan (Yen) 207.3063–217.9372
Malaysia (Ringgit) 2.2528– 2.3684
Netherlands (Guilder) 2.0544– 2.1597
New Caledonia and Tahiti (Franc) 79.7164– 83.8044
Norway (Kroner) 5.2311– 5.4994
Pakistan (Rupee) 10.1375– 10.6574
Portugal (Escudo) 48.8745– 51.3808
Singapore (Dollar) 2.2298– 2.3441
South Africa (Rand) 0.8698– 0.9144
Spain (Peseta) 71.0774– 74.7224
Sri Lanka (Rupee) 15.5765– 16.3753
Sweden (Krona) 4.4771– 4.7067
Switzerland (Franc) 1.7132– 1.8011
United Kingdom (Pound) 0.5107– 0.5369
United States of America (Dollar) 1.0282– 1.0810
West Germany (Deutschmark) 1.9009– 1.9983

Date: 26 February 1979.
Time: 9 a.m.

A. TULLOCH,
Assistant Chief Cashier,
Reserve Bank of New Zealand, Wellington.

The Standards Act 1965—Draft Amendment to New Zealand Standard Specification Available for Comment

PURSUANT to subsection (3) of section 23 of the Standards Act 1965, notice is hereby given that the following draft amendment is being circulated.

Number and Description of Draft

DZ 4211/A2 Draft amendments to NZS 4211:1976 Performance of windows.

This is a second draft of proposed amendments to NZS 4211. Comments received on the earlier draft constituted a major change in the document and these conclusions are therefore now issued as a further draft.

As the amendments proposed are lengthy, involve changing the clause sequence and numbering of the original standard, this new draft comprises the whole standard with the proposed amendments incorporated. The original text is identifiable by its letterpress printing, the proposed amendments being typewritten or handwritten.

All persons who may be affected by this amendment and who desire to comment thereon may obtain copies from the Standards Association of New Zealand, World Trade Center, 15-23 Sturdee Street (or Private Bag), Wellington.

The closing date for the receipt of comment is 30 April 1979.

Dated at Wellington this 20th day of February 1979.

DENYS R. M. PINFOLD,
Director, Standards Association of New Zealand.

(S.A. 114/2/8)