Reserve Ratios Increased
(N.Z Press Association! WELLINGTON, Feb. 15. Reserve ratios for balances held by trading banks with the Reserve Bank are increased by a Gazette notice tonight with effect from February 20.
Demand liabilities are increased from 35 per cent, to 30 per cent. Time liabilities remain unchanged at 10 per cent.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19620216.2.158
Bibliographic details
Press, Volume CI, Issue 29749, 16 February 1962, Page 13
Word Count
53Reserve Ratios Increased Press, Volume CI, Issue 29749, 16 February 1962, Page 13
Using This Item
Stuff Ltd is the copyright owner for the Press. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Acknowledgements
This newspaper was digitised in partnership with Christchurch City Libraries.