WELLINGTON, Sept 19 (Reuters) – New Zealand’s finance minister is expected to announce a new central bank chief in the coming weeks, with economists hoping the move will signal the end of a tumultuous period in which both the bank’s governor and chairman unexpectedly departed.
Whoever takes the reins of the Reserve Bank of New Zealand faces a tough task: repairing the reputational damage done by a deep downturn in the economy, while defending the bank’s independence from a critical government.
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New Zealand’s new central bank governor to face credibility test
