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Toitū te Ōhanga, Toitū te Oranga

We enable economic wellbeing and prosperity for all New Zealanders.

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Banks

Insurers

Non-bank deposit takers

Researchers

Managing climate-related risks

Have your say on our proposed guidance for the financial sector on managing climate-related risks.

Have your say by 7 June

Let's talk about inflation

Our Chief Economist explains why inflation in NZ is currently high, and what we are doing to bring inflation down.

Watch the video

2022 Flood risk assessment

Learn more about the risks to residential mortgages caused by floods and climate change in Aotearoa New Zealand.

Read our Bulletin

Statistics highlights

4.75 %

On 22 February, the Monetary Policy Committee increased the OCR from 4.25% to 4.75%.

7.2 y/y%

Consumers Price Index (CPI) inflation occurs when the prices of a range of goods and services rise on average.

USD

United States dollar

0.62125

GBP

UK pound stirling

0.50490

AUD

Australian dollar

0.93070

EUR

European euro

0.57320

CAD

Canadian dollar

0.84300

JPY

Japanese yen

82.42435

Useful links

Bank Financial Strength Dashboard Statistics Release Calendar More statistics

The latest

See our latest news

29 March 2023

Feedback sought on guidance for managing climate-related risks

The Reserve Bank of New Zealand - Te Pūtea Matua is seeking feedback on proposed new guidance for the financial sector on managing climate-related risks.

27 March 2023

Bank flooding risk assessment builds capability and highlights climate data gaps

An assessment of our largest banks’ residential mortgage exposures to flooding risk has advanced our understanding of the financial stability risks posed by climate change.

23 March 2023

The path back to low inflation in New Zealand

The Reserve Bank of New Zealand – Te Pūtea Matua is determined to get inflation back to the 1% to 3% target and lower future inflation expectations, Chief Economist Paul Conway said today.

22 February 2023

Reserve Bank increases the Official Cash Rate

The Monetary Policy Committee today increased the Official Cash Rate (OCR) from 4.25% to 4.75%.

17 February 2023

RBNZ and cash industry supporting cash services in regions affected by Cyclone Gabrielle

The Reserve Bank of New Zealand – Te Pūtea Matua has given an update on ATM (cash machine) and other cash services in regions affected by Cyclone Gabrielle.

09 February 2023

Liquidity Policy Review seeks feedback on significant policy issues

The Reserve Bank of New Zealand - Te Pūtea Matua is seeking feedback on the second stage of its liquidity policy review.

31 January 2023

Money creation in New Zealand — Bulletin article

Money plays an essential role in the economy. It allows people to store value over time, exchange with each other, and measure the relative value of things.

26 January 2023

New Enforcement Framework completed

The Reserve Bank of New Zealand - Te Pūtea Matua has published its Enforcement Guidelines and Investigation Guidelines, completing its enhanced Enforcement Framework.