RESERVE BANK
Trading Banks ' Borrow Less i ( Trading banks reduced ' their borrowing from the ' Reserve Bank from £ 13.9 m to £B.2m last week. Their de- 1 posits with the Reserve Bank fell from £7Bim to £73.4m. Non-marketing advances to the State by the Reserve . Bank rose from £ 10.5 m to £ 14.2 m. State deposits with ( the Reserve Bank were virtually unchanged at £lB.kn Sterling and other exchange ! held by the bank was almos’. steady at £2B 4m. Main items from the latest week’s return, with the previ- : ous week's figures, are as fol-
’ N.Z. Reserves Up £lm s » (N.Z. Press Association) WELLINGTON. June 8. ; Net overseas assets of the ; ; New Zealand banking sys- ’ tern on May 30. 1962, were ; £ 69.3 m compared with - £ 68.4 m on May 23, 1962. and ’• £57.2m on May 31, 1961 These figures were anI. nounced today by the Re- ? serve Bank.
lows Liabilities £000 £000 Bank notes 82,029 81,201 Demand Liabilities— 18.411 State 18.258 Marketing 3,384 3.380 Tr. banks 73.393 78.165 Other 2,735 2.188 Assets Reserves— 242 242 Gold Sterling ex. 27,813 37.780 Other exchange 771 549 Investments— 16.442 16.442 Overseas In N.Z. 71,112 71,112 Advances— 14.211 10.483 State Market org’ns. 45,682 45.542 ■Other 8,180 13,920 Other assets 8.660 9.366 ———
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Bibliographic details
Press, Volume CI, Issue 29844, 9 June 1962, Page 16
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205RESERVE BANK Press, Volume CI, Issue 29844, 9 June 1962, Page 16
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