RESERVE BANK FIGURES
Banks’ Statutory Deposits Fall
Reserve Bank advances to marketing organisations rose slightly in the week ended
January' 7, from £43.8m to £44.4m. according to figures released by the Reserve Bank. Bank notes in circulation fell from £99.7m to £97.2m. State deposits with the bank showed a slight increase on the previous week—they improved £o.Bm to reach £lsm. Trading bank statutory deposits fell from £52.4m to £51.5m. Reserve Bank overseas exchange holdings rose £lm to £l2.sni. and overseas investments were again unchanged at £23.2m. Investments in NewZealand fell fractionally to £34.2m.
State indebtedness was lower by nearly £3m, at £73.4m.
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Press, Volume CV, Issue 30957, 13 January 1966, Page 14
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102RESERVE BANK FIGURES Press, Volume CV, Issue 30957, 13 January 1966, Page 14
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