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Reserve Bank Return

[Per Press Association Copyright.] WELLINGTON, This Day. The Reserve Bank return for the week ended Monday, May 6, was gazetted last night. The statement is balanced at £42,204,467, a decline of £558,172 on the previous week. The Sterling Exchange Reserve has fallen by £189,941 during the period. Notes and other demand liabilities have also declined in the aggregate, principally due to a substantial fall in State deposits. The ratio has again improved, and is now 41.419 per cent.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NA19400510.2.84

Bibliographic details

Northern Advocate, 10 May 1940, Page 7

Word Count
81

Reserve Bank Return Northern Advocate, 10 May 1940, Page 7

Reserve Bank Return Northern Advocate, 10 May 1940, Page 7

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