RBNZ unveils 2013-2016 ‘statement of intent'

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The Reserve Bank of New Zealand (RBNZ) has submitted its annual Statement of Intent (SOI) to the New Zealand government, featuring 10 strategic policies for the period 2013-2016 that "aim to continue to strengthen the bank's performance, develop a more integrated approach to policy, and further improve infrastructure and reduce enterprise risk", according to governor Graeme Wheeler.

Among other initiatives, the RBNZ is establishing a new new macro-financial department and will undertake more

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