New Zealand's central bank

The Reserve 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.

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Responding to COVID-19

The Reserve Bank is making sure our financial system continues to work effectively amidst the evolving COVID-19 outbreak.

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Alternative Monetary Policy

The Reserve Bank can use tools other than the OCR to affect the economy through multiple transmission channels.

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Our balance sheet at work

The Reserve Bank’s balance sheet is growing in response to our initiatives to support monetary and financial stability.

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Upcoming Events

For statistics publication dates see the Statistics release calendar