Reserve Bank of New Zealand (RBNZ)


RBNZ hikes rates to 2.00%

LATEST MOVES OF THE RBNZ ON CORONAVIRUS COUNTERING

RBNZ to carry on with 50bps hike in August – Reuters poll

“The Reserve Bank of New Zealand (RBNZ) will stick to its hawkish stance and deliver a fourth straight half-point rate hike on Wednesday in its most aggressive tightening in over two decades to try to rein in stubbornly-high inflation,” as per the latest Reuters poll published early Friday morning in Asia.

RBNZ latest news

RBNZ latest analysis


May RBNZ DECISION

New Zealand: RBNZ hikes rates to 2.00% - UOB

Lee Sue Ann, Economist at UOB Group, comments on the latest RBNZ event. “The RBNZ clearly remains determined in containing inflation risks, stating that it remains appropriate to continue tightening monetary conditions at a pace to maintain price stability and support maximum sustainable employment.”


APRIL RBNZ DECISION

Breaking: RBNZ hikes rate by 50bps, NZD/USD rallies

The Reserve Bank of New Zealand met on Tuesday to decide on its official cash rate and has lifted rates by the max expected, 50 basis points to 1.5% to combat inflationary headwinds pertaining to the Omricon disruptions and the Ukraine crisis.

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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.