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2011 challenging year: RBF report

August 4, 2012 1:00 am

2011 was a challenging year for the Reserve Bank of Fiji, according to the bank’s annual report.

Rising oil and food prices impacted Fiji’s growth.

Governor Barry Whiteside says to deal with this policy decisions taken during the year were aimed at supporting the domestic economic recovery

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Whiteside says Fiji’s financial systems remained stable, commercial banks were well capitalised, and non-bank financial institutions achieved satisfactory earnings.

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