RBNZ stands by decision to end embargoed lock-ups
New Zealand central bank decides early release costs outweigh benefits
The Reserve Bank of New Zealand (RBNZ) has decided not to reinstate embargoed lock-ups before the release of its rate decisions and key publications, after commissioning a review of its options.
Conducted by Deloitte, the review considered three scenarios – one with no lock-ups, another where journalists could use only pen and paper, and a third where computers were used but controlled by the RBNZ.
It quickly ruled out the use of pen and paper, concluding the use of controlled computer
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