Reserve Bank Return
[.Per Press Association. —Copyright.!
WELLINGTON, This Day.
The Reserve Bank return for the week ended Monday, March 23, was Gazetted last night. The statement is balanced at £27,241,440, or £474 less than the prevous week. An increase of £427,468 in the level of the banks’ deposits is largely offset by a fall of £338,657 an Government deposits. There has been an increase of £59,593 in the value of the note issue, while other demand, liabilities have fallen by £150,758. A further increase, to the extent of £293,009, has taken place in the value of the sterling exchange reserve since the last previous return. Advances of account of exported produce are lower by £330,437.
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Northern Advocate, 27 May 1938, Page 9
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116Reserve Bank Return Northern Advocate, 27 May 1938, Page 9
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