Reserve Bank of New Zealand Bulletin, Sep 2005

The Reserve Bank of New Zealand published the September 2005 issue of its Bulletin on 7 September. The first article provides an introduction to the Basel II framework and outlines the Reserve Bank's plans to adopt the framework here in New Zealand.

The second article examines recent trends in foreign exchange market turnover. It finds that trading of the New Zealand dollar has increased significantly over the past few years, and by more than for many other currencies. Of note, is the extent to

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