New Zealand
RBNZ invests in Asian Bond Fund
The Reserve Bank of New Zealand today announced that it would be investing USD 25 million in the newly created EMEAP Bank of International Settlements Asian Bond Fund, 3 June.
RBNZ unveils schools monetary policy competition
The Reserve Bank of New Zealand on Wednesday May 21 launched its second Monetary Policy Challenge aimed at secondary school economics students. The competition involves teams of students becoming, in effect, central bankers. Participants will need to…
NZ c bank to appoint new external monetary adviser
The Reserve Bank of New Zealand will appoint a new external monetary policy adviser, after placing newspaper adverts at the weekend, according to Dow Jones. The position plays a central role in advising the bank's governor Alan Bollard on interest rate…
RBNZ lowers interest rates 0.25% amid slowdown
The Reserve Bank of New Zealand reduced its OCR rate to 5.50 per cent on 24 April. Speaking after the decision Reserve Bank Governor Alan Bollard said "With the passage of time, we are now more confident that inflationary pressures will ease, which is…
Bollard on financial sector corporate governance
In a speech on 'Corporate Governance in the Financial Sector' Alan Bollard of the Reserve Bank of New Zealand outlined the internationally distinctive way in which the Reserve Bank supervises banks in New Zealand and emphasised that the Reserve Bank…
Reserve Bank of New Zealand Bulletin, March 03
The Reserve Bank of New Zealand published its quarterly Bulletin for March 2003 on 28 March. The latest issue contains five articles covering a broad range of central banking issues. Articles include 'The output gap and its role in monetary policy…
RBNZ adds new reserves section to its website
A new section, Foreign Reserves, has been added to the Reserve Bank of New Zealand's website.
RBNZ Monetary Policy Statement, March 2003
REPORT - The Reserve Bank of New Zealand has published its Monetary Policy Statement (MPS) for March 2003. The report reflects on New Zealand's strength compared to other leading world economies. The expected slow down in NZ's economy has not occurred as…
New Zealand holds rates
PRESS RELEASE - The Reserve Bank has decided to leave the Official Cash Rate at 5.75 per cent, 6 March.
RBNZ Press Release, 3 Mar
PRESS RELEASE - Reserve Bank personnel changes - The Reserve Bank today announced two impending changes in the Bank's senior management team.
Carr to leave RBNZ as Adrian Orr comes in
Deputy governor Rod Carr will leave the Reserve Bank of New Zealand in July to take a job with a Software Corporation. Adrian Orr will become Assistant Governor and Head of the Reserve Bank's new Financial Stability Department.
Minutes of Japan's Monetary Policy Meeting
MINUTES - Minutes of the Bank of Japan's Monetary Policy Meeting on 21 and 22 January 2003, released 19 February. One member pointed out that inflation targeting had never been adopted for the purpose of overcoming deflation by any central bank overseas,…
Interview with RBNZ governor Alan Bollard
INTERVIEW - In the interview Reserve Bank of New Zealand Governor Alan Bollard revealed that the central bank is looking closely at the model it uses for forecasting the economy. "Definitely part of what I need to do is get some confidence about what the…
Bollard on making sense of a rising exchange rate
SPEECH - In the speech 'Making sense of a rising exchange rate' Alan Bollard of the Reserve Bank of New Zealand said however much we can understand, after the event, what has driven the exchange rate, neither economists and central bankers (nor anyone…
Reserve Bank of New Zealand Press Release
PRESS RELEASE - OCR unchanged at 5.75 per cent, 23 January.
RBNZ Bollard says rates may fall as currency rises
New Zealand's central bank chief Alan Bollard said on Thursday he may cut interest rates this year because a rising New Zealand dollar is slowing consumer spending and inflation.
Reserve Bank of New Zealand Press Release
PRESS RELEASE - Reserve Bank coinage warning - The Reserve Bank today advised the public that some older 20 cent coins are temporarily causing confusion among some shoppers, 16 January.
Federal Reserve Press Release
PRESS RELEASE - The Federal Reserve Board today received results from further testing conducted by the State of North Carolina, under the guidance of the Centers for Disease Control. It showed no anthrax bacteria present on a sample from a piece of mail…
RBNZ Vacancy : Head of Financial Stability
PRESS RELEASE - The Reserve Bank has established a new Financial Stability Department that integrates the work of our financial markets and banking system oversight teams. As a result the Bank is seeking to appoint a Head of Financial Stability,…
RBNZ Consultation - Designated payment systems
REPORT - The Reserve Bank is proposing new legislation which will allow for the designation of payment systems, and welcomes comments on the consultation document Designated payment systems, 20 December.
Reserve Bank of New Zealand Press Release
PRESS RELEASE - New RBNZ senior manager to be sought, 13 December.
Reserve Bank of New Zealand Bulletin, December 02
REPORT - The Reserve Bank of New Zealand has published its quarterly Bulletin for December 2002. The December issue contains three articles on a range of topics reflecting the Reserve Bank's responsibilities. In "The Reserve Bank's forecasting…
'Tis the season to read Bollard- between the lines
ARTICLE - CentralBankNet hears that the recently appointed governor of the Reserve Bank of New Zealand, Alan Bollard, has taken it upon himself to design the Bank's christmas card. He used to do this when he worked at the Treasury and speculation has…
RBNZ Monetary Policy Statement
REPORT - The Reserve Bank of New Zealand has published its Monetary Policy Statement (MPS) for November 2002. The RBNZ said in the report that unlike most trading partners, the New Zealand economy performed well in 2002. Activity has continued to benefit…