RBNZ: To postpone publication of most statistical releases after hacking incident

Dhwani Mehta FXStreet

In lieu of the recent hacking incident, the Reserve Bank of New Zealand (RBNZ) said that it will be postponing the publication of most statistical releases after the hacking incident, in a statement released on Friday.

Additional points

“Statistics on bank customer lending, credit card balances and spending, new mortgage commitments, bank liquidity, non-bank lending institutions, and retail interest rates would be delayed.”

“Publications scheduled for February and March would also be affected, including the December 2020 quarter Bank Financial Strength Dashboard.”

“No data has been lost and no publications will be canceled.”

“Expect the new system to become available in February.”

Market reaction

The kiwi is testing the 0.7200 level on the above announcement, dropping 0.11% so far. The bulls failed to benefit from the upbeat NZ CPI report.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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