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RESERVE BANK

Movements Slight

Deposits by Government departments with the Reserve Bank last week were £l3m down, while advances to the State by the bank eased £l.2m.

Deposits and advances of marketing organisations and trading bank deposits showed little change. Sterling exchange rose to £ 37.3 m from £ 35.8 m the week before.

Main items from the latest weeks return, with the previous week's figures, are as follows :

Liabilities Aug. 22 Aug. 15 £000 £000 Bank notes 80,628 80.586 Demand Liabilities— State 13,174 14.508 Marketing 2.194 2.214 Tr. banks 82. 33 83.31* Other 1.083 2.372 Assets Reserves— Gold 242 242 Stig. ex. 37.308 35.815 Other exch. .. 904 913 Investments— Overseas 16.442 16 41” In N.Z. 69.634 69.834 Advances— State 25.258 26.501 Market org’ns 28.678 29.344 Other 6,105 7.945 Other assets .. 3.618 4.367

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19620825.2.222

Bibliographic details

Press, Volume CI, Issue 29910, 25 August 1962, Page 16

Word Count
131

RESERVE BANK Press, Volume CI, Issue 29910, 25 August 1962, Page 16

RESERVE BANK Press, Volume CI, Issue 29910, 25 August 1962, Page 16