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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Politics
5 mins to read

Reserve Bank nutting out details of how digital cash could work

Digital cash could increase competition and innovation in banking, RBNZ tells select committee.

The Reserve Bank.

Brent Edwards Wed, 29 May 2024

If you are confused about digital cash, you’re not the only one.

MPs on Parliament’s finance and expenditure select committee struggled with the concept this morning as Reserve Bank officials gave them a briefing on the proposal.

The bank’s director of money and cash, Ian Woolford, apologised

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Brent Edwards Wed, 29 May 2024
Contact the Writer: brent@nbr.co.nz
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Reserve Bank nutting out details of how digital cash could work
Politics,
104269
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