The subject of rbnz still thinking about inflation pressures after rate cuts orr says encompasses a wide range of important elements. Home - Reserve Bank of New Zealand - Te Pūtea Matua. Welcome to the Reserve Bank of New Zealand – Te Pūtea Matua. We enable economic wellbeing and prosperity for all New Zealanders. The official cash rate (OCR) - Reserve Bank of New Zealand - Te Pūtea Matua.
We set the OCR to influence interest rates. We use our influence to keep inflation low and stable. Past monetary policy decisions - Reserve Bank of New Zealand - Te Pūtea .... Official Cash Rate (OCR) (updated at end of month) Chart summary The official cash rate (OCR) is the overnight interest rate set by the Reserve Bank. Equally important, source: Reserve Bank of New Zealand We are Aotearoa New Zealand's central bank.
We do this by keeping prices stable, supervising banks and insurance companies, managing the wholesale money system and producing New Zealand’s currency. Watch our 60 second video to find out more about what we do. Monetary Policy Statement - Reserve Bank of New Zealand - Te Pūtea Matua. The purpose of the Monetary Policy Statement Each Monetary Policy Statement must set out: the approach the Monetary Policy Committee (MPC) is taking to achieve its operational objectives defined in the remit the MPC’s reasoning for adopting that approach the transparency and accountability requirements of the MPC's charter: explaining how the MPC has sought to meet the requirements of ...
Inflation occurs when prices of a range of goods and services rise on average. It means that money’s buying power is decreasing, although some wages may rise faster than inflation. In general, inflation occurs when demand for goods and services in the economy is outpacing supply. This leads to widespread shortages of labour and materials. For example, when lots of people want to build a ...
Exchange rates and Trade Weighted Index (B1). Additionally, selected Exchange Rates Show data table Chart summary This chart shows the currency exchange rate of the New Zealand dollar (NZD) compared to various major international currencies. Statistics - Reserve Bank of New Zealand - Te Pūtea Matua.
Our data collections The Reserve Bank of New Zealand runs a wide range of data collections as part of its mandate to promote a sound and dynamic monetary and financial system. Monetary policy - Reserve Bank of New Zealand - Te Pūtea Matua. Another key aspect involves, we use monetary policy to achieve our target of keeping inflation between 1% and 3% on average over the medium term. Browse recent news Search for publications See upcoming events Access key statistics Use the inflation calculator View past OCR decisions Exchange old or damaged cash View registered banks About us Careers Consultations Contact us Sign up for updates © Copyright 2025 Reserve Bank of New Zealand Terms of use Accessibility Privacy Policy
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