New Zealand
RBNZ to accept corporate debt
The Reserve Bank of New Zealand has announced a number of changes to its market operations, mostly significantly accepting domestic corporate securities as collateral for central bank loans. The paper must have a long-term credit rating of BBB- or higher.
NZ's Bollard tells business to pitch in
Alan Bollard, the governor of the Reserve Bank of New Zealand, on Wednesday urged businesses to cut prices so that the central bank can keep rates low.
Optimising cash supply
Central banks need to take a business minded approach to their cash-supply function, argues Brian Lang
Bumper day for cuts, three slash by record margin
The European Central Bank (ECB), the Riksbank and the Reserve Bank of New Zealand backed the biggest rate cuts in their history on Thursday, highlighting the pace at which the threat of a global depression has risen.
RBNZ - November Financial Stability Report
Global market conditions continue to affect the cost and accessibility of offshore funding on which the New Zealand banking system relies, says the latest Reserve Bank of New Zealand's Financial Stability Report.
RBNZ to operate TAF to avert liquidity crunch
The Reserve Bank of New Zealand on Friday said it will follow the Federal Reserve's lead in establishing a Term Auction Facility (TAF) operation to enhance liquidity.
New Zealand sets up $15bn swap line with Fed
The Reserve Bank of New Zealand on Wednesday became the latest institution to arrange a swap line with the Federal Reserve to counter continuing tensions in dollar funding markets.
New Zealand chops a point off rates
The Reserve Bank of New Zealand slashed its benchmark rate by a full percentage point on Thursday, citing concerns over global growth.
Australia, NZ guarantee all deposits
Australia and New Zealand became the latest countries to guarantee all deposits over the weekend.
New Zealand cuts by half a point
The Reserve Bank of New Zealand on Thursday cut rates by half a point for the first time in almost seven years on evidence the country's economy was now in recession.
RBNZ's regulatory role expanded
Wellington has broadened the supervisory scope of the Reserve Bank of New Zealand, making the central bank responsible for the regulation of non-bank deposit takers.
Banking system fundamentally sound: RBNZ
The Reserve Bank of New Zealand on Thursday moved to assuage fears that the country's financial system is unstable.
Real exchange rates and monetary policy
Reserve Bank of Australia, the Bank of Canada and the Bank of England pay close attention to real exchange-rate movements, while the Reserve Bank of New Zealand does not, new research from the Bank of Canada finds.
NZ's Bollard praises inflation targeting
There are no clearly superior alternatives to the flexible inflation targeting approach for maintaining price stability, said Alan Bollard, the governor of the Reserve Bank of New Zealand.
New Zealand surprises with rate cut
The Reserve Bank of New Zealand on Thursday cut the benchmark official cash rate a quarter point to 8%.
NZ's Bollard wary of calls for cyclical policy
Alan Bollard, the governor of the Reserve Bank of New Zealand, discusses the threat of recession, the central bank's new liquidity rules, and dealing with the procyclicality of credit cycles
NZ counters payments-systems attack
The Reserve Bank of New Zealand has hit back at criticisms of the country's payments and settlements systems.
Details of RBNZ liquidity measures
The Reserve Bank of Zealand has published further details of the new liquidity measures announced on 7 May.
Leave rates at record high, IMF tells NZ
The International Monetary Fund (IMF) has called on the Reserve Bank of New Zealand to avoid cutting rates until clearer signs of a slump emerge.
NZ eases rules to ward off turmoil
The Reserve Bank of New Zealand has relaxed its collateral rules as a precaution against further tumult in global financial markets.
New Zealand softens stance
The Reserve Bank of New Zealand kept rates on hold for the eighth-straight month on Thursday but signalled it may cut in the second half of 2008.
Bollard advocates New Zealand's economic strength
Banks should avoid overreacting to the economic downturn as the New Zealand economy remains fundamentally sound and creditworthy, said Alan Bollard, the governor of the Reserve Bank of New Zealand.
New Zealand set for slowdown - Bollard
New Zealand will see a moderate slowdown in economic activity reflecting weaker household spending, business investment, the negative effects of dry weather conditions and the impact of the exchange rate on exporters, stated Alan Bollard, the governor of…
New Zealand holds rates at 8.25%
The Reserve Bank of New Zealand kept rates unchanged for the seventh straight month.