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Reserve Bank of New Zealand

RBNZ consults on covered bonds

RBNZ consults on covered bonds
Wellington, Oct 15 NZPA - The Reserve Bank of New Zealand (RBNZ) is consulting on possible legislative changes, as well as proposals for a formal limit on covered bonds.

NZ dollar falls on weak data then recovers

NZ dollar falls on weak data then recovers
Wellington, Oct 14 NZPA - The New Zealand dollar fell after weaker than expected retail sales data suggested interest rates will stay on hold for longer then recovered as the US dollar fell and Singapore moved to widen the band its currency trades in.

Core retail sales weak in August, interest rates on hold

Core retail sales weak in August, interest rates on hold
Wellington, Oct 14 NZPA - Core retail sales, which exclude the vehicle-related industries, fell by a greater-than-expected 0.6 percent in August, leading economists to predict that interest rates will remain low.

Recovery 'brittle', says RBNZ governor

Recovery 'brittle', says RBNZ governor
Wellington, Oct 12 NZPA - The economic recovery is proving "brittle, uncertain, and full of surprises", says Reserve Bank Governor Alan Bollard.

RBNZ consults on second stage of non-bank regulation

RBNZ consults on second stage of non-bank regulation
Wellington, Oct 8 NZPA - The Reserve Bank of New Zealand (RBNZ) is putting further moves to regulate non-bank deposit takers (NBDTs) out for discussion.

NZ dollar falls on weak data, gains against aussie

NZ dollar falls on weak data, gains against aussie
Wellington, Sept 30 NZPA - The New Zealand dollar fell today on news of weak building consents and weak business confidence and as equity markets fell.

Carry trade less of a factor in NZ dollar market, RBNZ research

Wellington, Sept 30 NZPA - The impact of the so-called carry trade on the value of the New Zealand dollar has diminished during and since the global financial crisis, according to an article in the latest Reserve Bank of New Zealand (RBNZ) Bulletin.

NZ dollar settles at lower levels on disappointing GDP data

NZ dollar settles at lower levels on disappointing GDP data
Wellington, Sept 23 NZPA - The New Zealand dollar consolidated after falling more than half a US cent today on news that the economy expanded less than expected in the second quarter.

NZ dollar falls on weaker than expected GDP figure

Wellington, Sept 23 NZPA - The New Zealand dollar fell more than half a US cent on news that the economy expanded less than expected in the second quarter.

NZD remains near five-month low against aussie

NZD remains near five-month low against aussie
Wellington, Sept 22 NZPA - The New Zealand dollar continues to struggle against its Australian counterpart following hawkish comments from the Reserve Bank of Australia (RBA).

Credit Card Comparison TablesCompare Credit Cards - Independent interest rate and fees comparisons for New Zealand banks.