RBNZ looks to bolster capabilities as ‘steward’ of the cash system
The Reserve Bank of New Zealand is building new capabilities to allow it to take on a new role as “steward of the cash system”.
According to remarks made by assistant governor Christian Hawkesby, access to cash in the country fell by 2% between 2018 and 2019, a trend that has been exacerbated by the Covid-19 pandemic.
“Going forward, our role as steward of cash requires us to build a strategy for the future of currency in New Zealand,” he said. “We are deepening our policy and analytical
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe
You are currently unable to print this content. Please contact info@centralbanking.com to find out more.
You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com