asked the Minister for Finance if he will state for each year from 1934 to 1958, inclusive, the external reserves of (1) the commercial banks, (2) the Currency Commission or the Central Bank and (3) Government funds.
Written Answers. - External Reserves.
The information requested is as follows:—
Year |
Currency Commission or Central Bank — External Assets at 31 December |
Commercial Banks — Net External Assets at 31 December |
Departmental Funds under control of the Minister for Finance — External Assets at 31 March |
(£ million) |
(£ million) |
(£ million) |
|
1934 |
9.5 |
70.4 |
10.3 |
1935 |
10.2 |
70.7 |
11.5 |
1936 |
11.0 |
71.2 |
11.6 |
1937 |
11.4 |
66.2 |
12.6 |
1938 |
10.6 |
61.1 |
16.5 |
1939 |
10.5 |
66.2 |
15.0 |
1940 |
17.6 |
69.9 |
15.1 |
1941 |
20.0 |
84.8 |
11.9 |
1942 |
25.4 |
98.7 |
16.9 |
1943 |
29.1 |
118.0 |
23.5 |
1944 |
33.6 |
134.5 |
80.4 |
1945 |
39.3 |
152.4 |
38.1 |
1946 |
42.1 |
159.5 |
44.6 |
1947 |
45.7 |
140.0 |
48.4 |
1948 |
47.7 |
131.9 |
48.4 |
1949 |
64.9 |
140.2 |
52.2 |
1950 |
81.5 |
126.9 |
54.8 |
1951 |
67.0 |
109.6 |
54.0 |
1952 |
72.1 |
119.9 |
43.9 |
1953 |
77.3 |
127.3 |
40.4 |
1954 |
86.6 |
121.3 |
40.1 |
1955 |
80.2 |
85.7 |
40.6 |
1956 |
77.3 |
88.4 |
32.2 |
1957 |
85.9 |
90.5 |
21.5 |
1958 |
82.8 (October) |
113.2 (October) |
14.3 |