Reserve Bank of New Zealand (RBNZ)

Reserve Bank of New Zealand Decision

RBNZ latest news

RBNZ latest analysis

September RBNZ decision

RBNZ leaves rates unchanged at 1.00%

At its September monetary policy meeting on Wednesday, New Zealand’s central bank, the Reserve Bank of New Zealand (RBNZ), maintained its Official Cash Rate (OCR) at a historic low of 1.00%.

RBNZ cuts rates by 50 bps to 1.00%, NZD slumps

At its August monetary policy meeting on Wednesday, New Zealand’s central bank, the Reserve Bank of New Zealand (RBNZ), slashed its Official Cash Rate (OCR) by 50bps to a historic low of 1.00%, a bigger-than-expected cut. The Kiwi slumped more than a big figure to 10-month lows of 0.6445 on the big rate cut.

November RBNZ decision

RBNZ Orr says that they will not rule out a rate cut (NZD/USD jittery)

The RBNZ interest rate decision is announced by the Reserve Bank of New Zealand. If the RBNZ is hawkish about the inflationary outlook of the economy and raises the interest rates it is positive, or bullish, for the NZD. The RBNZ rate statement contains the explanations of their decision on interest rates and commentary about the economic conditions that influenced their decision.

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Big picture

What is the RBNZ

The Reserve Bank of New Zealand is New Zealand's central bank. Like most central banks, the Reserve Bank is primarily a policy organisation, and exists to do three main things: formulate and implement monetary policy to maintain price stability, promote the maintenance of a sound and efficient financial system and meet the currency needs of the public.

The official website, on Twitter and YouTube

Who is RBNZ's president?

Adrian Orr is the Governor of the Reserve Bank of New Zealand. He was appointed in March 2018. He is New Zealand born and bred, and primarily of Cook Island and Irish descent. Adrian graduated from the University of Waikato in 1983 with a Bachelor of Social Sciences, majoring in Economics and Geography. He also holds a Master’s Degree in Development Economics (Distinction) from the University of Leicester, England, graduating in 1985. Adrian has also served as Chair of the International Forum of Sovereign Wealth Funds, and Chair of the Pacific Pension and Investment Institute.

Adrian official RBNZ profile

Interest rates latest news

The World Interest Rates Table

The World Interest Rates Table reflects the current interest rates of the main countries around the world, set by their respective Central Banks. Rates typically reflect the health of individual economies, as in a perfect scenario, Central Banks tend to rise rates when the economy is growing and therefore instigate inflation.