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22.09.202523:53:00UTC+00New Zealand Expected to Announce New RBNZ Head on Wednesday

New Zealand is poised to make a significant appointment by selecting its first female head for the central bank, as per a report from Bloomberg News citing an anonymous source. The specific identity of the forthcoming governor of the Reserve Bank of New Zealand (RBNZ) remains undisclosed, although the potential candidate might be an international figure. New Zealand's Finance Minister Nicola Willis' office refrained from commenting on the matter, as did the RBNZ. The new governor's tenure is expected to commence towards the year's end, following the upcoming interest rate announcement on October 8, based on Bloomberg News' insights. The anticipated appointment of a foreign woman defies earlier expectations, which suggested candidates like the current Deputy and Interim Governor, Christian Hawkesby, and Auckland University's economics professor Prasanna Gai, who serves on the Monetary Policy Committee as an external member.

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