This data shows the Reserve Bank's foreign currency assets and liabilities in more detail.
(NZ$ million) | Total foreign currency assets | Total foreign currency liabilities | Outstanding foreign exchange swap commitments | Net open foreign currency 1 | Foreign currency intervention capacity 2 | Net NZD purchased (sold) during month (trade date basis) 3 | |
---|---|---|---|---|---|---|---|
Previous years: | |||||||
Jan 2021 | 12,327 | -527 | -8,449 | 3,350 | 10,386 | - | |
Jan 2022 | 15,347 | -982 | -10,911 | 3,454 | 11,502 | - | |
Monthly: | |||||||
Feb 2022 | 14,699 | -622 | -10,720 | 3,357 | 11,260 | - | |
Mar 2022 | 14,500 | -592 | -10,673 | 3,235 | 10,932 | - | |
Apr 2022 | 13,003 | -1,151 | -8,532 | 3,320 | 11,700 | - | |
May 2022 | 16,510 | -927 | -12,260 | 3,323 | 11,923 | - | |
Jun 2022 | 14,443 | -1,454 | -9,610 | 3,379 | 12,125 | 0 | |
Jul 2022 | 15,644 | -2,646 | -9,633 | 3,365 | 11,942 | 2 | |
Aug 2022 | 14,208 | -1,587 | -9,240 | 3,381 | 12,310 | - | |
Sep 2022 | 16,003 | -2,909 | -9,564 | 3,530 | 13,152 | - | |
Oct 2022 | 14,598 | -2,253 | -8,931 | 3,414 | 12,774 | - | |
Nov 2022 | 17,354 | -1,429 | -12,654 | 3,271 | 12,216 | - | |
Dec 2022 | 17,236 | -1,500 | -12,418 | 3,318 | 12,219 | - | |
Jan 2023 | 17,213 | -1,068 | -12,836 | 3,309 | 12,219 | - |
Data are published as end of month figures in millions of New Zealand dollars.
The following data is collected and is detailed further in the series description:
The series starts from July 2004.
Monthly.
We release data on the last week of the month after the end of the reference month. An exception to this is information as at the end of the financial year (June), which we publish in the first week of August.
The statistics release calendar provides a long-term plan of scheduled releases. We update and release it on the first working day of the month.
View the statistics release calendar
We provide this information as a service to the public.
Provisional data are italicised. New data, or revised data, are in bold font. We deem data as provisional when a series is under review. This applies to the summary table only and not Excel files. We generally publish revisions when we are next due to update and release the table. Should we need to make revisions more promptly, we will post a special note.
We prepare series data in accordance with New Zealand’s generally accepted accounting practice. Specific accounting policies are disclosed in our annual report.
Our annual report (subject to audit).
Data are consistent with our liabilities and assets in table R1.
Foreign currency assets are the aggregate foreign currency assets reported in table R1.
This includes all foreign currency denominated assets on a trade date basis valued using accounting policies disclosed in our annual report.
For clarification, foreign currency denominated assets include:
Unsettled foreign currency spot and swap transactions are included at the net value of the contract, so that the reported foreign currency asset (or liability) is reduced by the unsettled amount of the New Zealand dollar value the transaction.
Foreign currency liabilities are the aggregate foreign currency liabilities reported in table R1.
This includes all foreign currency denominated liabilities on a trade date basis valued using accounting policies disclosed in our annual report.
For clarification, foreign currency denominated liabilities include:
Generally this represents the outstanding second leg of foreign currency swaps and also includes outright forward transactions. Where the first leg is also unsettled, both legs are netted. A negative number represents a net aggregate obligation to deliver foreign currency under those contracts.
Our net foreign currency exposure arising from foreign currency assets, foreign currency liabilities and derivative contracts. A positive number represents an aggregate net ‘long’ exposure to foreign currencies. Our long and short exposures to various currencies are netted.
Foreign currency assets that are readily liquefiable less foreign currency liabilities that fall due in the next 12 months. Excludes balances held to hedge operating and capital expenditure commitments and items that cannot be liquidated easily (BIS share investment and mark to market of swaps). Includes foreign currency-denominated assets held as part of domestic market operations.
The net value of outright sales and purchases of New Zealand dollars on a trade date basis. A positive number represents net purchases of New Zealand dollars during the month. This excludes purchases of foreign currency in respect of our operating expenses that are foreign currency denominated.
Symbol or convention | Definition |
---|---|
0 | Zero or value rounded to zero |
- | Not applicable |
.. | Not available |
bold | Revised/new |
italics | Provisional |
Light grey background | Historical |
View other data in the Reserve Bank balance sheet statistics series.