Article image
Article image
Article image
Article image
Article image
Article image
Article image
Article image

RESERVE BANK

STERLING FUNDS INCREASE pA WELLINGTON, May 26. The Reserve Bank of N6w Zealand has issued the following statement of assets and liabilities at the close of business on

The proportion of reserves to notes and other demand liabilities was 46.10 per cent. (45.84 per cent ).

May 18:— Liabilities May 11. £ Reserve Fund .. 1,500,000 Bank notes . - 50,368,483 Demand liabilities— State .. . • 13,594,411 Bank .. .. ' 67,587,369 Other 413,685 Liabilities in other than New Zealand currency 27,588 Other liabilities 4,230,338 May 18. £ 1.500,000 50,235,647 11,634,446 70,583,553 444,117 25,449 4,245,324 £137,721,874 £138.668,536 Gold Assets 2,897,930 2,897,931 Sterling exchange 57,619,265 58,394,392 Subsidiary coin 223,369 Advances to State or State undertakings— Marketing or- _ ganisations 3,107,756 a.uiz.you For other our34,000,000 34,00u,UUU 34,094,669 34,094,669 Other assets 890,766 1,138,823 Other .. .... 4,888,119 4,894,211 £137,721,874 £138,668,536

This article text was automatically generated and may include errors. View the full page to see article in its original form.
Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ODT19490527.2.111

Bibliographic details

Otago Daily Times, Issue 27091, 27 May 1949, Page 7

Word Count
125

RESERVE BANK Otago Daily Times, Issue 27091, 27 May 1949, Page 7

RESERVE BANK Otago Daily Times, Issue 27091, 27 May 1949, Page 7