RESERVE BANK RETURN
Further Fall In Sterling Sterling and other exchange held by the Reserve Bank fell £4.lm to £25.8m in the week ended December 14. The previous week the fall was £l.9m. Trading banks’ deposits fell £s.om, but borrowing by the banks jrom the Reserve Bank was practically steady at £4.Bm. Net Government Indebtedness to the Reserve Bank rose £2.5m. The note issue again reached record figures. Main items from the latest week’s return, with the previous week’s figures, are as follows: . Liabilities
Bank notes Dec. 14 Dec. 7 £ono 96,646 £<MM 93,091 Demand LiabilitiesState 9,628 8,199 Marketing 807 843 Trading banks 81,037 86,038 Other 546 1,189 Assets Reserves— Gold 315 315 Sterling exchange 25,382 29,530 Other exchange .. 379 325 investments— Overseas 31,267 31,267 In New Zealand 71,308 71,308 Advances— State 37,564 33,638 Market org'ns. .. 20,835 21,994 Other 4,790 4,265 Other Assets— Gold 5.848 5.848 Other 1,255 1,116
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Bibliographic details
Press, Volume XCIX, Issue 29390, 17 December 1960, Page 16
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149RESERVE BANK RETURN Press, Volume XCIX, Issue 29390, 17 December 1960, Page 16
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