Larry Williams Drive

The Crown has started recapitalising the Reserve Bank. It comes after the Government provided a backstop for the bank to buy bonds at the start of the pandemic. Now the value of these bonds has fallen, and the change in value is worth $8.8 billion. Wellington Business Editor Jenée Tibshraeny joined Heather du Plessis-Allan. LISTEN ABOVESee omnystudio.com/listener for privacy information.