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Sharper Fall In Reserves

New Zealand’s overseas reserves fell £4.lm in the last week of November. At November 30, net overseas assets of the banking system totalled £15.2m, £ 17.6 m below the comparable 1959 figure. Since the seasonal peak in overseas reserves was reached at the ehd of June this year the reserves have dropped £ 43.5 m. This is the steepest decline since 1957, when the fall over the same period was £ 54.6 m.

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https://paperspast.natlib.govt.nz/newspapers/CHP19601210.2.123

Bibliographic details

Press, Volume XCIX, Issue 29384, 10 December 1960, Page 11

Word Count
74

Sharper Fall In Reserves Press, Volume XCIX, Issue 29384, 10 December 1960, Page 11

Sharper Fall In Reserves Press, Volume XCIX, Issue 29384, 10 December 1960, Page 11