Story: Banking and finance

Foreign exchange dealer (4th of 4)

Foreign exchange dealer

Banks trade New Zealand currency for the currency of other countries. Foreign exchange dealers work full-time on such trading, which can allow substantial profits even on very small margins because of the high turnover. This dealer was working at the National Bank in 1987.

Using this item

Alexander Turnbull Library, Dominion Post Collection (PAColl-7327)
Reference: EP/1987/2719/5
Photograph by Ross Giblin

Permission of the Alexander Turnbull Library, National Library of New Zealand, Te Puna Mātauranga o Aotearoa, must be obtained before any re-use of this image.

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How to cite this page:

David Tripe, 'Banking and finance - Working in banks', Te Ara - the Encyclopedia of New Zealand, http://www.TeAra.govt.nz/en/photograph/24658/foreign-exchange-dealer (accessed 21 January 2020)

Story by David Tripe, published 11 Mar 2010