Reserve Bank governor Alan Bollard will launch a project to upgrade New Zealand's banknotes this Thursday.
Bollard and RBNZ head of currency Alan Boaden will hold a press conference on Thursday to discuss the upgrade, which will include a review of the material of the notes, and anti-fraud features.
It is understood the Reserve Bank is not considering changes to the famous New Zealanders who appear on the bank notes.
- INTEREST.CO.NZ
AdvertisementAdvertise with NZME.
Latest from Business
Market close: Israeli attack on Iran sends markets into further turmoil
But the local index and its defensive stocks fared the best in terms of falls.