RESERVE BANK
SLIGHT STERLING RISE
P.A. WELLINGTON, Aug. 12. The Reserve Bank of New Zealand has issued the following statement of assets • and liabilities at the close of business on July 4:—
The proportion of reserves to notes and other demand liabilities was 65.37 per cent. (6502 per cent.).
Liabilities July 28. Aug. 12. £ £ Reserve Fund .. 1.500,000 1,500,000 Bank notes 47,953.025 48,129,522 Demand liabilities State 10,851,914 10,942,092 Bank .. .. .. 63.716,135 65,164,236 Other Liabilities in other 626,194 356,862 than New Zealand currencies 23,550 16,921 Other liabilities 3,341,878 - 3,336,668 £128,012,696 Assets £129,446,301 Gold Sterling exchange 2,802,147 2,802,147 (New Zealand currency) 77.287,576 78,658.478 Subsidiary coin Advances to State 105,867 109,459 or State undertakings— Marketing organisations For other pur610,704 881,205 poses 31,000,000 31,000,000 Other .. .. 3,428,136 3,439,591 Investments 11,731,798 11,338,925 Other assets 1,046.468 1,216,496 £128,012,696 £129,446,301
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https://paperspast.natlib.govt.nz/newspapers/ODT19480813.2.94.3
Bibliographic details
Otago Daily Times, Issue 26849, 13 August 1948, Page 7
Word Count
130RESERVE BANK SLIGHT STERLING RISE Otago Daily Times, Issue 26849, 13 August 1948, Page 7
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