The board is comprised of six members that include a deputy governor and Secretary to the Treasury. The New Zealand Dollar (NZD) has one of the highest rates in the world, and is home in the Reserve Bank of Australia. Inflation stability is a key concern, although this currency does well. The South African Rand was born at the South African Reserve Bank that used the United Kingdom's Bank of England for inspiration in development. Three heads of bank meet four times a year to make the decisions. The ownership of the Governing Board is contained within public organizations. The Swiss National Bank developed the Swiss Franc (CHF) and is governed by both private and public owners.
The board's focus is to keep inflation stable. The Minister of Finance of the country holds shares in the Bank of Canada. The Bank of Canada is similar to the Swiss National Bank as it is sometimes viewed as a company. The Canadian Dollar (CAD) was established in 1934 by the Bank of Canada. The board includes a chair and deputy chair. There are an additional 9 that may attend. It is governed by a Court of Directors that has five members on it. The British Pound Sterling (GBP) has a home at the Bank of England that is markedly similar to the Federal Reserve System. This is a board of nine people and that includes two deputy governors who receive the position by appointment. There is a Policy Board that governs this bank that meets eight times every year. The Bank of Japan is home to the Japanese Yen which was developed in 1882. It is governed by an Executive Board which is 4 members large, plus a president and vice president. There are 19 countries that use this currency. The European Euro (EUR) is born from Frankfurt, Germany, where the Euro's European Central Bank is located.
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