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STATUTORY RESPONSIBILITIES

The functions, powers, and responsibilities of the Bank are specified in the Reserve Bank of Fiji Act, 1983.

" The principal purposes of the Bank as stated in Part ll, Section 4 of the Reserve Bank Act are as follows:-

   To regulate the issue of currency, and the supply, availability and international exchange of money;

   To promote monetary stability;

   To promote a sound financial structure;

   To foster credit and exchange conditions conducive to the orderly and balanced economic development of the country;

   To regulate the insurance industry; and

   To regulate the capital markets and securities industry."

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