RESERVE BANK RETURN
£sm Invested Overseas
The Reserve Bank invested £s.om of its sterling exchange overseas last week. This is shown in the bank’s latest return, which records a fall of £4.3m in sterling exchange and a rise of’£ 5.0 m in overseas investments. Deposits by the State rose £5.6m. Advances to marketing organisations rose £4.2m and trading banks’ deposits fell £l.lm. Mam items from the latest week's return, with the previous week’s figures, are as follows: Liabilities
Apl. 27 Apl. 20 £000 £000 Bank notes 81,309 80,768 Demand Liabilities— State 13,162 7,544 Marketing 481 680 Trading banks .. 73,421 74.500 Other 762 1,722 Assets Reserves— Gold 315 315 Sterling exchange 57,740 62,049 Other exchange .. 359 554 Investmen ts-r-Overseas 16,686 11,724 In N.Z 71,308 71.308 Advances— State 302 897 Market org’ns. 26,749 22,532 Other ni) nil Other Assets— Gold 5.848 5,848 Other 951 1,145
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https://paperspast.natlib.govt.nz/newspapers/CHP19600430.2.205
Bibliographic details
Press, Volume XCIX, Issue 29192, 30 April 1960, Page 16
Word Count
143RESERVE BANK RETURN Press, Volume XCIX, Issue 29192, 30 April 1960, Page 16
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