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reserve bank

Sterling exchange held by the Reserve Bank rose from .‘•.19.256.385 Io £49.735,467 in the week ended November 22. Tn the same period the note issue rose from £55.513,781 to" £57,201.613. Th'* assets and ’irb’liftcs of the bank as at November 22. with the weekly average of 1939 and 1949, were as follows:

Week Av Av. ended fN.Z. (millions) 1939 1949 Nov. 22 IJabilltirs— Reserve funds 1.50 1 50 1 "n Bank notes 1G 08 51.31 57 20 Demand liabilities— Stale 2 77 11.38 12.05 Banks 10.75 73.8-1 71.41 Other 31 .35 .99 Other currencies .... .03 .05 .06 Other liabilities 47 3.82 4.88 *' G ild 2.80 3.22 4.65 Sterling 5.31 49 00 49.7-’ Other exchange . - • — .33 Subsidiary coin . .22 .19 .25 Advance* t > StateMarketing 6.09 3.48 5.11 Other 13.59 37.(53 Other advances .06 4.91 5.50 J.<v sTv n • 3 lit! 41.86 23.9*’ Other assets 17 1.97 2.37 ♦Ratio, pc 27.00 38 14 — «•! reserve to notes and other demand liabilities.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/WC19501205.2.4.3

Bibliographic details

Wanganui Chronicle, 5 December 1950, Page 2

Word Count
160

reserve bank Wanganui Chronicle, 5 December 1950, Page 2

reserve bank Wanganui Chronicle, 5 December 1950, Page 2