RESERVE BANK
Govt. Debt Reduced Net Government indebtedness to the Reserve Bank was reduced by £7.2m in the week ended May 1. Trading banks’ deposits with the bank fell £6.lm and their borrowings from the bank fell £l.2m. Sterling and other exchange held by the bank rose £o.9m to £47.5m. Main items from the latest week’s return, with the previous week’s figures, are as follows: Liabilltlei
MAy 1 Apl. 24 £000 £000 Bank notes .. 83,643 84.061 Demand Liabilities— State 30,757 23,565 Marketing 1,701 1,542 Tr. banks .. 59,389 65,534 Other 1,996 2,899 Reserves— Gold 244 244 Sterling ex. .. 47.031 45,949 Other ex. 438 621 Investments— Overseas 20.786 20,786 In N.Z. 70,464 70,517 Advances— State 91 3 Market, orgn's 46,279 47,053 Other 105 1,275 Other assets .. 3,035 2,048
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Bibliographic details
Press, Volume CII, Issue 30125, 8 May 1963, Page 19
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126RESERVE BANK Press, Volume CII, Issue 30125, 8 May 1963, Page 19
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