Reserve Bank of Australia Annual Report – 1978 Financial Statements Note 9 Deposits by: Overseas institutions

This includes any deposits of governments and central banks of other countries and of international financial institutions. Some deposits are denominated in special drawing rights and US dollars and are converted to Australian dollars at the derived SDR/$A and current market rates of exchange, respectively.


This includes deposits with the Bank of $6.2 million ($15.1 million in June 1977) under the variable deposit requirement on foreign borrowings.