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Kalkine Media ASX Share Market News & Research

Reserve Bank of New Zealand releases Annual Report 2018-19

October 01, 2019 08:14 AM IST | By Team Kalkine Media

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Reserve Bank of New Zealand (RBNZ) released its Annual Report 2018-19 on 30 September 2019 capturing the resilience of the New Zealand economy through a period of heightened uncertainty and weakening growth outlook on the global front. RBNZ’s few of the many highlights from the year include-

  • A new framework for monetary policy functions, effective 1 April 2019.
  • Obtaining continuous feedback via consultation on a material increase in bank capital requirements.
  • Advancing the currency transformation work.
  • Strategizing on contributing towards climate change.
  • Developing Te Ao M?ori strategy to effectively engage with the M?ori economy.

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