MONEY MARKET.
BANK OF ENGLAND RETURN. LONDON, Jan. 27. The following is the Bank of England return. ISSUE DEPARTMENT.
£ Notes in circulation 473,200,000 Notes in banking department . 53,200,000 Other Government securities ... 188,400,000 Other coin 600,000 Silver coin Nil BANKING DEPARTMENT. Bankers' deposits 113,100,000 Rest 3,600,000 Public deposits 13,600,000 Discounts and advances 10,400,000 Government securities 98,900,000 Notes and coin 53,800,000 Other accounts 37,300,000 Other securities 19,000,000
Ratio of reserve to liabilities 32.78 per cent. The Bank of England discount rate remains unchanged at 2 per cent.
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https://paperspast.natlib.govt.nz/newspapers/MS19380129.2.191
Bibliographic details
Manawatu Standard, Volume LVIII, Issue 52, 29 January 1938, Page 16
Word Count
85MONEY MARKET. Manawatu Standard, Volume LVIII, Issue 52, 29 January 1938, Page 16
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