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Parliament to debate new RBNZ rules today


Parliament to debate new RBNZ rules today


Parliament will today debate a government notice of motion to ratify the new Reserve Bank Funding Agreement to equip the Bank to pursue a more active role in foreign exchange markets.

The debate is expected to begin some time after 4.30 pm.

The change, which will come into effect immediately the vote is taken, is widely supported in the House.

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