Reserve Ratios Raised
(NJt. Press Association) WELLINGTON, Oct. 12. The reserve ratios for balances held by the trading banks with the Reserve Bank are raised by a Gasette notice tonight, with effect from October 13. Demand liabilities are increased from 21 to 23 per rent. Time liabilities remain unchanged at 10 per cent.
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Press, Volume C, Issue 29643, 13 October 1961, Page 19
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53Reserve Ratios Raised Press, Volume C, Issue 29643, 13 October 1961, Page 19
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