Byett held the position of chief economist at the bank for a number of years.
Byett's new business, FXMatters, will provide a weekly newsletter about the New Zealand dollar – how to make money from exchange, how to save money.
"It will be written for exporters, importers, investors, and anyone fascinated with the NZ dollar."
No announcement has been made by the bank on who replaces him.
If you would like to know more about the newsletter click here
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