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Thursday, 16 March 1961


Mr BANDIDT (WIDE BAY, QUEENSLAND) - My question is directed to the Treasurer. I preface it by saying that reports have been published that our overseas reserves have now fallen to £300,000,000. Will the Treasurer explain how these reports are incorrect? Will he say whether the next occasion on which our overseas balances will be determined precisely will be after 30th June? To what extent have our contributions to the International Monetary Fund affected our overseas balances?







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