RBNZ board says bank will require more resources in the future

Mon, 30 Sep 2019

By Rebecca Howard Sept. 30 (BusinessDesk) - The Reserve Bank of New Zealand's board of directors lauded the bank and its governor for navigating a period of "comprehensive change" and sticking to its funding agreement but said it is clear additional resources will be required in the future. "Our overall assessment is that the bank and governor have responded effectively to the challenges arising from a period of comprehensive change and increases to the bank's workload on many fronts," the board said in the central bank's latest annual r...

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