Central bank plans to reduce outflow from foreign reserves

The graph shows how the RBF finances current account deficit. Source: FBOS, ANZ Research

A RECENT report released by the ANZ Bank states that the central bank plans to reverse or at least reduce the outflow from foreign reserves. The Pacific Economic Outlook 2019, released last week stated the Reserve Bank of Fiji was concerned about the recent widening of the current account deficit (CAD) (Figure 5). According to […]

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