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STEADY SHRINKAGE

HOW FUNDS HAVE FALLEN

The diminution of sterling exchange held as assets by the Reserve Bank of New Zealand since the beginning of August, 1937, is shown in the following table:— 1937. £NZ August 2 ~ 20,876,822 September 13 18,836,037 October 4 17,462,300 November 1 17,148,967 December 6 16,184,928 1938. , January 3 16,414,909 February 7 15,700,699 March 7 15,617,116, April 4 16,169,496 May 2.... 17,627,443 June 6 .." 17,801,586 July 4 15,941,567 August 1 15,322,308 September 5 12,638,656 October 3 10,594,978 November 7 .. 6,633,031 November 14 5,662,977 November 21 5,029,137 November'2B .......... 4,828,302

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19381207.2.112.5

Bibliographic details

Evening Post, Volume CXXVI, Issue 137, 7 December 1938, Page 15

Word Count
92

STEADY SHRINKAGE Evening Post, Volume CXXVI, Issue 137, 7 December 1938, Page 15

STEADY SHRINKAGE Evening Post, Volume CXXVI, Issue 137, 7 December 1938, Page 15

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