Reserve Bank of New Zealand (RBNZ)


New COVID-19 lockdown keeps rates on hold at RBNZ

LATEST MOVES OF THE RBNZ ON CORONAVIRUS COUNTERING

RBNZ: A review of bank liquidity identifies areas for improvement

In its latest review of New Zealand’s banking sector, the Reserve Bank of New Zealand (RBNZ) identifies system, controls and risk management weaknesses. "Undertaken review of banks’ compliance with liquidity policy, identifying system, controls and risk management weaknesses."

RBNZ latest news

RBNZ latest analysis


AUGUST RBNZ DECISION

RBNZ keeps OCR unchanged at 0.25%,

The Reserve Bank of New Zealand (RBNZ) board members decided to maintain the Official Cash Rate (OCR) at a record low of 0.25% in August, as against market expectations of a 25bps hike.


JULY RBNZ DECISION

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MAY RBNZ DECISION


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.