RESERVE BANK RETURN
Sterling Funds Down £o.Bm
Sterling and other exchange held by the Reserve Bank fell slightly to £ 55.6 m in the week ended March 2. The previous week’s figure was £ 56.4 m.
There was little change in any of the other items in the bank's return. Main items from the latest week’s return, with the previous week’s figures, are as follows:
Liabilities March 2 Feb. 24 £000 £000 Bank notes 77,903 78,341 Demand Liabilities— State .. 11,711 11,570 Marketing 491 390 Trading banks 94,538 95,399 Others 680 1,203 Assets Reserves— Gold 315 315 Sterling exchange 55,057 55,759 Other exchange .. 552 594 Investments— Overseas 11,724 11,724 In New Zealand .. 32,808 32,808 Advances— State 69,671 69,287 Market org’ns. .. 19,065 19,770 Other .. .. nil nil Other Assets— Gold 5,848 5,848 Other .. .. 805 1,270
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Bibliographic details
Press, Volume XCIX, Issue 29146, 5 March 1960, Page 16
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130RESERVE BANK RETURN Press, Volume XCIX, Issue 29146, 5 March 1960, Page 16
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