NZD Monetary Base
Carl Gaylard made this Official Information request to Reserve Bank of New Zealand
The request was refused by Reserve Bank of New Zealand.
From: Carl Gaylard
Dear Reserve Bank of New Zealand,
I would like to know the monetary base of the New Zealand Dollar, what I mean by this is every dollar created by the RBNZ both in the form of physical currency (notes and coins) and digital currency, minus lost currency through damaging of notes/coins, and not including the currency 'created' through the fractional reserve banking/lending process performed by private banks.
If this information is available I would like to know from the earliest date available to the present and not just the current figure.
Yours faithfully,
Carl Gaylard
From: Georgie Fraser
Reserve Bank of New Zealand
Dear Mr Gaylard,
Your emailed request dated 5 April 2016, made under the provisions of the
Official Information Act, seeking information on:
“… the monetary base of the New Zealand Dollar …. every dollar
created by the RBNZ both in the form of physical currency (notes and
coins) and digital currency, minus lost currency through damaging of
notes/coins, and not including the currency ‘created’ through
fractional reserve banking/lending process performed by private
banks.”
more specifically adding:
“If this information is available, I would like to know from the
earliest available to the present and not just the current figure”.
was received in this office earlier morning.
Subject to the provisions of the Act, you will be notified of the outcome
of your request as soon as practicable, but not later than 20 working days
after the date of receipt.
Yours sincerely,
Georgie Fraser
Senior Co-ordinator, Board and Comms | Reserve Bank of New Zealand
2 The Terrace, Wellington 6011 | P O Box 2498, Wellington 6140
D. +64 4 471 3607 | T. +64 4 472 2029 | F. +64 4 471 2270
[1]www.rbnz.govt.nz
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"This message (and any files transmitted with it) are confidential and
may be legally privileged. If you are not the intended recipient please
notify the sender immediately and delete this message from your system.
This message does not necessarily reflect the views of the
Reserve Bank of New Zealand. If the recipient has any concerns about
the content of this message they should seek alternative confirmation
from the Reserve Bank of New Zealand."
******************************************************************************
References
Visible links
1. http://www.rbnz.govt.nz/
hide quoted sections
From: Angus Barclay
Reserve Bank of New Zealand
19 April 2016
Mr Carl Gaylard
Email: [1][FOI #3853 email]
Dear Mr Gaylard
On 18 February you made a request via email and pursuant to section 12 of
the Official Information Act 1982 (the Act), for:
I would like to know the monetary base of the New Zealand Dollar, what I
mean by this is every dollar created by the RBNZ both in the form of
physical currency (notes and coins) and digital currency, minus lost
currency through damaging of notes/coins, and not including the currency
'created' through the fractional reserve banking/lending process performed
by private banks.
If this information is available I would like to know from the earliest
date available to the present and not just the current figure.
The information you’re seeking is available on the Reserve Bank website,
updated monthly, here [2]www.rbnz.govt.nz/statistics/c1
There are several measures of how much money exists. The data available
from the web link above includes the most common measures. The web page
itself contains summary information. You can click on the links on the web
page to get:
· Data files = two longer-term data series than displayed on
the web page.
· Background notes = these tell you about the coverage,
periodicity and timeliness of the data.
· Series description = definitions for the data table.
· Legend = explains symbols and conventions used in the table.
· Related tables = links to other similar data on the Reserve
Bank website.
You have the right to seek a review of the Reserve Bank’s decisions in
relation to your request, under section 28 of the Act.
Yours sincerely
Angus Barclay
External Communications Advisor | Reserve Bank of New Zealand
2 The Terrace, Wellington 6011 | P O Box 2498, Wellington 6140
T. +64 4 471 3698 | M. +64 27 337 1102
[3]www.rbnz.govt.nz
******************************************************************************
"This message (and any files transmitted with it) are confidential and
may be legally privileged. If you are not the intended recipient please
notify the sender immediately and delete this message from your system.
This message does not necessarily reflect the views of the
Reserve Bank of New Zealand. If the recipient has any concerns about
the content of this message they should seek alternative confirmation
from the Reserve Bank of New Zealand."
******************************************************************************
References
Visible links
1. mailto:[FOI #3853 email]
2. http://www.rbnz.govt.nz/statistics/c1
3. http://www.rbnz.govt.nz/
hide quoted sections
From: Angus Barclay
Reserve Bank of New Zealand
Dear Mr Gaylard
My previous email to you contains an error, for which I apologise. The
correction and error are highlighted below:
On 18 February 5 April you made a request via email and pursuant to
section 12 of the Official Information Act 1982 (the Act), for:
I would like to know the monetary base of the New Zealand Dollar, what I
mean by this is every dollar created by the RBNZ both in the form of
physical currency (notes and coins) and digital currency, minus lost
currency through damaging of notes/coins, and not including the currency
'created' through the fractional reserve banking/lending process performed
by private banks.
If this information is available I would like to know from the earliest
date available to the present and not just the current figure.
The information you’re seeking is available on the Reserve Bank website,
updated monthly, here [1]www.rbnz.govt.nz/statistics/c1
There are several measures of how much money exists. The data available
from the web link above includes the most common measures. The web page
itself contains summary information. You can click on the links on the web
page to get:
· Data files = two longer-term data series than displayed on
the web page.
· Background notes = these tell you about the coverage,
periodicity and timeliness of the data.
· Series description = definitions for the data table.
· Legend = explains symbols and conventions used in the table.
· Related tables = links to other similar data on the Reserve
Bank website.
You have the right to seek a review of the Reserve Bank’s decisions in
relation to your request, under section 28 of the Act.
Yours sincerely
Angus Barclay
External Communications Advisor | Reserve Bank of New Zealand
2 The Terrace, Wellington 6011 | P O Box 2498, Wellington 6140
T. +64 4 471 3698 | M. +64 27 337 1102
[2]www.rbnz.govt.nz
******************************************************************************
"This message (and any files transmitted with it) are confidential and
may be legally privileged. If you are not the intended recipient please
notify the sender immediately and delete this message from your system.
This message does not necessarily reflect the views of the
Reserve Bank of New Zealand. If the recipient has any concerns about
the content of this message they should seek alternative confirmation
from the Reserve Bank of New Zealand."
******************************************************************************
References
Visible links
1. http://www.rbnz.govt.nz/statistics/c1
2. http://www.rbnz.govt.nz/
hide quoted sections
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