RBNZ was a tidy earner under Wheeler, with almost $1B of dividends to the Crown

By Paul McBeth
Sept. 29 (BusinessDesk) - The Reserve Bank of New Zealand kept its dividend largely unchanged in the 2017 financial year, taking the total returns under former governor Graeme Wheeler's stewardship to $990 million.
The Wellington-based central bank reported a surplus of $155 million in the 12 months ended June 30, up from $52 million a year earlier, as it booked smaller unrealised foreign exchange losses of $66 million from a 3 percent appreciation in the trade-weighted index. In 2016, that unrealised loss was $201 million...
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