November 22nd, 2024

Reserve Bank of New Zealand

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7 months ago

New Zealand explores introducing a digital currency backed by the government

The Reserve Bank of New Zealand - Te Pūtea Matua announced its ongoing exploration of a central bank digital currency, dubbed "digital cash,"...

8 months ago

New Zealand to feature King Charles III on coins from 2024

New Zealand's circulating and commemorative coins will soon feature the image of King Charles III, following the King's approval of the new effigy designed...

1 year ago

Rising interest rates challenge NZ households and businesses

In the midst of an economic landscape marked by soaring inflation and a tightening labour market, New Zealand's households and businesses are navigating the...

1 year ago

Reserve Bank of New Zealand plans to relax mortgage LVR restrictions

The Reserve Bank of New Zealand - Te Pūtea Matua announced plans on Wednesday to ease mortgage loan-to-value ratio (LVR) restrictions, which promote...

1 year ago

Unravelling the housing market dilemma: insights from the Reserve Bank of New Zealand's discussion paper

A Discussion Paper published by the Reserve Bank of New Zealand on Thursday examined the two types of unsustainability that influence housing market. The...

1 year ago

RBNZ increases Official Cash Rate to 5.25% to curb inflation

The Reserve Bank of New Zealand (RBNZ) has increased the Official Cash Rate (OCR) today by 50 basis points from 4.75% to...