Foreign reserves

The Reserve Bank of New Zealand Act enables the Reserve Bank to intervene in the foreign exchange market and requires the Reserve Bank to hold foreign exchange reserves to provide the capacity to intervene.
Background documents
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These materials relate to the Government's 2004 decision to increase foreign reserves and to provide the Reserve Bank with the capacity to use foreign exchange intervention as an additional monetary policy tool.
Foreign reserves risk management
The Manager
Risk Unit
 +64 4 471 3704