RBNZ considering IMF recommendations but aiming for regime 'fit for New Zealand'

Thu, 20 Jul 2017

By Rebecca Howard July 20 (BusinessDesk) - The Reserve Bank of has begun a process to review the relevant findings and recommendations from an International Monetary Fund review and is initially focused on whether greater alignment with international orthodoxy might contribute to the central bank's objective to promote a sound and efficient financial system. Earlier this year the International Monetary Fund carried out a comprehensive review of New Zealand's financial system against international standards, with a particular focus on the...

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