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Reserve Bank payment system operations - an update

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Electronic payment systems play a vital role in the economy and financial system of any modern society. The Reserve Bank plays a key role in the New Zealand payment system. In particular, it operates the Exchange Settlement System Account (ESAS) and the NZClear securities settlement system. In this article, we outline the nature of the Bank’s involvement, and recent developments, in these systems.

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  • Mike Wolyncewicz, 2013. "Reserve Bank payment system operations - an update," Reserve Bank of New Zealand Bulletin, Reserve Bank of New Zealand, vol. 76, pages 19-24, March.
    • Handle: RePEc:nzb:nzbbul:mar2013:03
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    File URL: http://www.rbnz.govt.nz/-/media/ReserveBank/Files/Publications/Bulletins/2013/2013mar76-1wolyncewicz.pdf
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    1. Domenico CORTESE, 2017. "The dominion of means over ends. Modern bank credit and Max Weber’s irrational rationalization," The Journal of Philosophical Economics, Bucharest Academy of Economic Studies, The Journal of Philosophical Economics, vol. 10(2), pages 65-101, May.

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