OANDA, New York based forex trading serving provider recently revealed in an announcement that it has made a new addition to its APAC region senior level leadership team. As per statement released by the firm…
Work required to achieve financial resilience
Tēnā koutou katoa, welcome all. The New Zealand financial system remains resilient to a broad range of economic risks. However, financial system risks remain elevated, and ongoing effort is necessary to bolster system soundness and…
Reserve Bank announces next steps in Capital Review
The Reserve Bank has today announced the next steps in its Capital Review, following the closing of written submissions on Friday last week. The review proposes changes to regulatory capital requirements for locally incorporated banks.…
Official Cash Rate reduced to 1.5 percent
Tena koutou katoa, welcome all. The Official Cash Rate (OCR) has been reduced to 1.5 percent. The Monetary Policy Committee decided a lower OCR is necessary to support the outlook for employment and inflation consistent…
Handbook supports transition to new monetary policy framework
New Zealand’s new monetary policy framework, which comes into effect today, is supported by a handbook developed by the Reserve Bank. Recent amendments to the Reserve Bank Act 1989 saw the addition of an employment…
Expertise on Reserve Bank committee means strong focus…
News release issued by the Minister of Finance A new independent decision-making body at the Reserve Bank brings a broad range of experience to important decisions like setting interest rates and how monetary policy can…