Reserve Bank of New Zealand: New Zealand's central bank

The bank manages monetary policy to maintain price stability, promotes the maintenance of a sound and efficient financial system and supplies New Zealand banknotes and coins.

Quickfacts

OFFICIAL CASH RATE
is 2.50 percent

INFLATION
CPI for the year to December 2011 is 1.8 percent.

Quicklinks

Release dates

News

2 February 2012 Reserve Bank 'briefing' released

The Reserve Bank's Briefing to the Incoming Minister has been made available.

30 January 2012 Reserve Bank Governor not seeking another term

Reserve Bank Governor Alan Bollard today announced he will not be seeking another term as Governor when his current term ends on 25 September this year.

27 January 2012 NZ has capacity to weather shocks

The European sovereign debt crisis and Canterbury earthquakes were two bad jolts to the New Zealand economy in 2011, but the economy and financial system have the capacity to weather such shocks, Reserve Bank Governor Alan Bollard said today.

Highlights

The next OCR/MPS announcement is Thursday, 8 March 2012.
View the Reserve Bank Museum website.
Updated 13 January 2012: Cautions and notices issued by the Reserve Bank on some financial institutions and non-bank deposit takers.

The Bank’s new regulatory responsibilities

Regulation of non-bank deposit takers
Prudential supervision of insurance
Anti-Money Laundering and Countering Financing of Terrorism