They announced some in-principle decisions – including introducing a deposit insurance scheme – and set out further questions for a consultation, which is going on now. So this is a good time discuss the future of the Reserve Bank, and how the changes under consideration might promote the prosperity and wellbeing of New Zealanders and contribute to a sustainable and productive economy.
It is also interesting to remember that, pegged to the pound sterling, the Indian  BIS central bankers’ speeches  1  Rupee was the legal tender in a large part of the Commonwealth, particularly in the Gulf and the Africa’s during the 1950’s and 1960’s. 5.