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RESERVE BANK

STERLING FUNDS ADVANCE (P.A.) WELLINGTON, Mar. 29. The following is a statement of assets and liabilities of the Reserve Bank of New Zealand as at the close of business on March 25. 1946: Liabilities Mar. 18. Mar. 25. £. £ Reserve fund .. .. 1,500,000 1,500,000 Bank notes .. .. 43,204,921 43,617,239 Demand liabilities— State 31,857,068 29,205,126 Banks 51,797,196 51,805,140 Other 728,095 792,187 Liabilities in other than New Zealand currency .. .. 97,594 109,468 Other liabilities .. 3,439,014 3,524,116 Total .. .'. .. 132,086,721 130,553,278 Assets Gold 2,801,887 2,801,887 Sterling exchange (N.Z. currency) .. 85,221,816 85,872,168 Subsidiary coin .. 16,059 16,349 Advances to State or State undertakings— Marketing organisations .. .. 2,379,685 2,273,912 For other purposes 35,000,000 32,000,000 Investments .. .. 5,406,348 5,406,348 Other assets .. .. 1,980,934 2,182,621 Total .. . .. 132,086,721 130,553,278 Proportion of reserves to note and other demand liabilities, 70.614 per cent. (68.816 per cent.).

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ODT19460330.2.14

Bibliographic details

Otago Daily Times, Issue 26115, 30 March 1946, Page 3

Word Count
129

RESERVE BANK Otago Daily Times, Issue 26115, 30 March 1946, Page 3

RESERVE BANK Otago Daily Times, Issue 26115, 30 March 1946, Page 3