RESERVE BANK
STERLING EXCHANGE FIRMER P.A. WELLINGTON, May 27. The following is a statement of the assets and liabilites of the Reserve Bank of New Zealand at the close of business on May 21:— Liabilities
The proportion of reserves to note and other liabilities was 77.330 per cent. (76.756 per cent.).
Reserve Fund .. Bank notes Demand liabilitiesState .. .. Bank .. .. Other .. Liabilities in other than New Zealand currency Other liabilities * May 14 ' £ 1,500,000 46,813,546 11,793,616 62,933,267 279,616 27,068 3,204,748 May 21 £ 1,500,000 47,112,014 ■ 9,697,260 65,621,027 293,274 32,144 3,175,538 Total .. .. £126,551,941 £127,431,257 Gold Assets 2,801,877 2,801,877 Sterling exchange New Zealand currency) 90,730,531 92,133,257 Sudsidiary coin 46,355 43,919 Advances to State or State undertakings— Marketing organisations 1,080,758 544,863 For other purposes .. .. 27,000,000 27,000,000 Investments 3,868,093 3,868,093 Other assets 1,024,327 1,039,248 Total .. . £126,551,941 £127,431,257
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Bibliographic details
Otago Daily Times, Issue 26472, 28 May 1947, Page 7
Word Count
129RESERVE BANK Otago Daily Times, Issue 26472, 28 May 1947, Page 7
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