RESERVE BANK
STERLING EXCHANGE FIRM The Reserve Bank of New Zealand has issued the following statement of assets and liabilities at the close of business on March 23
The proportion of reserves to notes and other demand liabilities was 39.367 per cent. (36.93 per cent.).
Liabilities Mar. 9. Mar. 23. £ £ Reserve Fund .. 1,500,000 1,500,000 Bank notes 49,067,542 49,336,973 Demand liabilities— State 30,870,302 27,038,891 Bank 57,633,439 58,445,905' Other 413,100 671,084 Liabilities in other than New Zea- , land currencies 69,295 39,919 Other liabilities 3,857,002 3,937,543 £143,410,680 £140,970,315 Assets Gold 2,842,836 2,842,836 Sterling exchange 48,191,035 50,537,051 Subsidiary coin 224,304 331,476 Advances to State or State undertakings— Marketing organsations 1,114,453 4,620,863 For other purposes 45,500,000 33,000,000 Other .. .. 4,829,038 4,855,777 Investments 37,095,300 37,095,301 Other assets 3,613,714 2,687,011 £143,410,680 £140,970,315
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/ODT19490331.2.101
Bibliographic details
Otago Daily Times, Issue 27044, 31 March 1949, Page 7
Word Count
124RESERVE BANK Otago Daily Times, Issue 27044, 31 March 1949, Page 7
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