RESERVE BANK
Sterling £l.3m Lower Sterling and other exchange held by the Reserve Bank fell £l.3m to £slm last week. Overseas investments were steady. Net Government indebtedness was reduced by £o.4m and the marketing orgMusettons reduced their debt by a net £l.6m. Trading banks' deposits with the bank fell £3 0m and their penal borrowings were again nd. Main items trum tne latest week’s return, with the previous week'a firures are as follows: liabilities
Business Personal
Mr C. A. Borrett, plastics executive of 1.C.1. (New Zealand), Ltd, has joined Plastic Products, Ltd, Hamilton, as director in charge of production.
July 3. June 38 AUOO £1X10 Bank notes .. 81X139 •1.313 Demand Liabilities— State 18.396 16,331 Marketing Trdg. banks 901 778 72.219 75,180 Other 3.029 2.313 AMftto deserves— • Gold 244 244 Sterling exch. 50 581 51.791 Other exch. 463 435 Investments— Overseas 20.786 20.186 In N.Z. 70.799 09.015 Advances— State 170 18> Market, orgna. 38 052 39,529 Other assets .. 2,166 1,584 ■■■ I III.
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https://paperspast.natlib.govt.nz/newspapers/CHP19630710.2.192
Bibliographic details
Press, Volume CII, Issue 30179, 10 July 1963, Page 19
Word Count
161RESERVE BANK Press, Volume CII, Issue 30179, 10 July 1963, Page 19
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