Reserve Bank of New Zealand Bulletin articles
(NB. If you do not have the free Acrobat reader software necessary to read these discussion papers already installed, go to the Adobe website.)
September 1997 (Vol 60, no 3)
Articles
Monetary policy implementation and signalling: the review and the decision
Financial Markets Department
A discussion document outlining the conclusions of the Reserve bank's review of technical aspects of monetary policy implementation and signalling.
Settlement risk in foreign exchange transactions (PDF 28KB)
By Ian Harrison, Banking System Department
This article discusses the credit risks banks can be exposed to when they settle foreign exchange transactions.
The Forecasting and Policy System: an introduction (PDF 976KB)
This article briefly describes the Bank's new Forecasting and Policy System (FPS) model. Please note: This is a very large file. If you would prefer the article to be posted or faxed to you, please contact the Reserve Bank's Knowledge Centre (email: knowledge@rbnz.govt.nz)
Speeches
Exchange rates, export prices, and the Reserve Bank's Monetary Conditions Index
An address by Dr Don Brash to the Counties Kiwifruit Growers Association, Pukekohe, 22 August 1997.
Alternatively, link to the html version of this speech by Dr Don Brash.
The views expressed are those of individual authors and do not necessarily reflect official positions of the Reserve Bank of New Zealand. Articles published in this Bulletin may not be wholly or substantially reproduced without the permission of the Reserve Bank of New Zealand. Data, brief extracts from articles, and other material appearing in the Bulletin, may be used without restriction provided due acknowledgement is made of the source.
(c) Reserve Bank of New Zealand
