NO DISTURBANCE.
RESERVE BANK OPERATIONS. The chairman. Sir A. E. Harris speaking at the annual meeting of the National Hank of Now Zealand in London, said the Reserve Bank of New Zealand had nearly completed its first vear, and the change had been effected with the minimum of disturbance. In common with other banks, the National Bank iiad given hearty co-operation with a view to facilitating the new development. The Governor had indicated that tiie bank would not embark on any rash experiments which would have a prejudicial and unsettling effect upon the credit of the Dominion, lie also made it clear that In (lie absence of uny change in conditions, of which lie saw no indication, the bank would aim nl maintaining the rales, of exchange at tlieii' present level.
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Bibliographic details
Waikato Times, Volume 118, Issue 19665, 27 August 1935, Page 9
Word Count
131NO DISTURBANCE. Waikato Times, Volume 118, Issue 19665, 27 August 1935, Page 9
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