The economy is probably in its fifth quarter of recession and the Royal bank of Canada thinks the New Zealand central bank may have to resort to foreign-exchange intervention.

该国的经济很可能处于进入衰退的第五个季度，加拿大皇家银行认为，新西兰央行逼不得已可能也会诉诸于外汇干预。

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RBTT, voted to accept a takeover by the Royal Bank of Canada.

ECONOMIST: The Caribbean: The Canadian connection | The

Nip into the Royal Bank of Canada at the corner of West Georgia Street and Burrard Street, and take the escalator up one floor.

BBC: The best of Vancouver for free

Canada's banking system, essentially made up of the Royal Bank of Canada and four other big banks, remained strong during the global credit crisis.

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