RESERVE BANK
GAIN IN STERLING EXCHANGE
Details of the Reserve Bank of New Zealand return for the week ended January 25, 1943, compared with those for the week ended January 18. are:— Liabilities— £NZ £NZ (ieneral reserve . 1,500,000 0 0 Unchanged Bank-notes ... 29.991,687 0 0 H08.324 demand Liabilities— State 12,444,545 14 0 t1T3,906 Banks 22.701.633 4 4 »496.789 Other 880.141 2 5 *196.000 Other currencies 11.696 13 8 t12.660 Other liabilities 1,563,330 15 10 "30.833 £69.093.034 11 0 *428,722 Assets— £NZ £NZ Gold 2,801.877 10 0 Unchanged Heserve— , Ster. exchange 28,751,671 3 11 •1,301.162 Subsidiary coin . 24.187 13 8 *3.76<5 Advances to State— Marketing ... 1,235,545 5 9 t823,249 ! Other purposes 30.000,000 0 0 Unchanged Investments .... 4,457,881 10 6 Unchanged Other assets .... 1,821,871 7 2 t52,856 £69,093,034 11 0 *428.722 ♦Increase. tDecrease. Proportion ot reserve to notes and demand liabilities, 47.778 per cent., compared with 16.074 per cent, for the week ended January 18. The statutory limit is 25 per cent. Principal returns, January 26, 1942, were:— Bank-notes. £23,784,133: demand liabilities to State, £9,606.007; and to the banks £14,410,782: gold, £2.801,877; Sterling exchange, £13.757,243; advances to Marketing Department, f 6.105,992; and to State for other purposes, £22.500,000.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/EP19430130.2.15.1
Bibliographic details
Evening Post, Volume CXXXV, Issue 25, 30 January 1943, Page 5
Word Count
196RESERVE BANK Evening Post, Volume CXXXV, Issue 25, 30 January 1943, Page 5
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