RESERVE BANK
Sterling Up £L7m
Sterling and other exchange held by the Reserve Bank rose £l.7m to £ 11.1 m in the week ended May 3. There was no alteration in holdings of gold or overseas investments. Trading banks' deposits rose £4.6m but the banks had to borrow an extra £7.5m to maintain their statutory minimum reserves. Advances to the State fell to £2OOO while the State's deposits rose £4.6m. Main items from the latest week’s return, with the orevious week's figures, are as follows: Liabilities
Bank Notes Mav3 «000 83.116 Apr 26 £000 55,534 Demand Liabilities— State 18.121 13.474 Marketing 1.550 1.536 Tr. Banks . 60,178 55,534 Other 906 900 Assets Reserves— Gold 315 315 Sterling Other Exch. . 10.269 781 8.776 562 Investments— Overseas 31,267 31.267 In N.Z 71.308 71.308 Advances— State 2 11 Mark. Org. . 38.193 39.455 Other 15.805 8.295 Other Assets— Gold 5.848 5.848 Other 2,222 1,460
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/CHP19610513.2.213
Bibliographic details
Ngā taipitopito pukapuka
Press, Volume C, Issue 29513, 13 May 1961, Page 16
Word count
Tapeke kupu
148RESERVE BANK Press, Volume C, Issue 29513, 13 May 1961, Page 16
Using this item
Te whakamahi i tēnei tūemi
Stuff Ltd is the copyright owner for the Press. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Acknowledgements
Ngā mihi
This newspaper was digitised in partnership with Christchurch City Libraries.
Log in