Reserve Bank of Australia - Annual Report 2008

The Reserve Bank of Australia reviewed and restructured its currency activities during 2008, says Glenn Stevens, the governor of the central bank in its latest Annual Report.

Stevens says that an assistant governor for currency now has responsibility solely for currency matters, which involves overseeing note issue, research on note design and chairing of the Boards of Note Printing Australia and Securency.

He also says that the payments policy area of the central bank worked on a major review of

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Geoeconomic reserve management

The world order is evolving. Whether, and how, the international economy remains integrated or shifts into spheres of influence has consequences for central bank policy and reserve management.

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