Reserve Bank of New Zealand (RBNZ)

Last decision review

RBNZ keeps rates unchanged at 1.75%

The Reserve Bank of New Zealand (RBNZ) said that it would leave the official cash rate unchanged at 1.75% in a decision that was widely expected, stating that monetary policy will remain accommodative for a considerable period.

RBNZ latest reports

RBNZ holds OCR steady. Dual mandate expected to be introduced

RBNZ holds OCR steady. Dual mandate expected to be introduced

RBNZ latest news

RBNZ seen ‘on hold’ for the time being – UOB

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 chair?

Neil Quigley’s term as Chair is effective from 23 September 2016. Professor Quigley is Vice-Chancellor of the University of Waikato, and has previously held roles as a Professor of Economics and senior manager at Victoria University of Wellington and the University of Western Ontario in Canada. He was first appointed to the Reserve Bank Board in 2010. 

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.

Preferred brokers in your location