New Zealand
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.
Policy forecasts don't damage markets
Central bank guidance about, or explicit forecasts of, likely future policy rates does not impair market functioning, research published by the Bank for International Settlements suggests.
New Zealand's Bollard warns on inflation risks
A number of international price shocks are posing a threat to price stability in New Zealand, said Alan Bollard, the governor of the central bank.
New Zealand holds rates at 8.25%
The Reserve Bank of New Zealand's rate-setting board voted on Thursday to keep the benchmark official cash rate at 8.25% in spite of high inflation.
RBNZ set to regulate insurance industry
The Reserve Bank of New Zealand on Monday became responsible for regulating all life, health and general insurance providers.
Carry trade returns high but losses heavy
Though carry trades in various Asian currencies tend to outperform major stock markets, there is a relatively high frequency of large negative returns, research published by the Bank for International Settlements finds.
New Zealand to webcast monetary policy statements
The Reserve Bank of New Zealand is set to webcast the news conference that will follow this Thursday's rate decision.
New Zealand economy stable despite turmoil
New Zealand's financial system remains sound in spite of the recent global banking crisis, the Reserve Bank of New Zealand said on Wednesday.
Fed finally gives Basel II the green light
The Federal Reserve Board on Friday approved the American version of the Basel II framework on risk-based capital requirements. It is the last of the Group of Ten countries, which developed the framework, to do so.
New Zealand adapts as regulatory role expands
The Reserve Bank of New Zealand said on Thursday that it would restructure its financial stability department in order to cope with the central bank's expanding role in maintaining the country's financial system.
New Zealand leaves rates at 8.25%
The Reserve Bank of New Zealand decided on Thursday to hold its benchmark official cash rate at 8.25%.
Crisis shows why we need Basel II, says Committee
The recent banking crisis has underlined the importance of Basel II implementation, according to the Basel Committee on Banking Supervision.
Reserve Bank of New Zealand - 06/07 Annual Report
Alan Bollard, the governor of the Reserve Bank of New Zealand, said that, aside from price stability, the central bank had focused on foreign exchange, banking, financial systems, payment systems and currency.
Bollard defends monetary policy framework
Alan Bollard, the governor of the Reserve Bank of New Zealand said yesterday that if the central bank were to aim for exchange rate stability the price to be paid would be big swings in interest rates.
New Zealand holds rates
The Reserve Bank of New Zealand decided to keep its benchmark official cash rate (OCR) at 8.25% on Thursday.
RBNZ appoints new department head
Lindsay Jenkin will join the Reserve Bank of New Zealand as head of human resources.
RBNZ boosts liquidity with bill buyback
The Reserve Bank of New Zealand said that it will accept New Zealand bank bills in its overnight reverse repurchase facility from 24 August.
RBNZ comments on liquidity provisions
Grant Spencer, the acting governor of the Reserve Bank of New Zealand, says the central bank would act if market conditions worsened, saying that the bank "stands ready to provide additional liquidity" if required.