Innovation and Independence

This study of the Reserve Bank of New Zealand reveals why the Bank's presence in the national life is strong; illustrates how it is internationally renowned for its mandate to eliminate inflation, having been the first reserve or central bank in the world to adopt the "e;inflation targeting"e; approach to monetary policy; and looks at how the Bank maintains the integrity of the currency, preserves the stability of the financial system, and undertakes a range of activities on behalf of the people of New Zealand.