Reserve Bank of New Zealand Interest Rate Decision

Country: New Zealand, NZD
Importance:
High
Sector: Money
Last release
Actual
2.25%
Forecast
Previous
2.25%
Next release
Actual
Coming in 20 days
Forecast
Previous
2.25%
Date (GMT)
Reference
Actual
Forecast
0.25%
0.25%
0.25%
0.25%
1.00%
1.00%
1.00%
1.00%
1.50%
1.50%
1.75%
1.75%
1.75%
1.75%
1.75%
1.75%
1.75%
1.75%
1.75%
1.75%

RBNZ Interest Rate Decision is adopted every six weeks. The regulator's interest rate is used for loans issued to commercial banks. Establishing of an interest rate is one of the main monetary policy tools used by the Reserve Bank of New Zealand to regulate the strength of the national currency. An increase in the interest rate can have a positive effect on NZD quotes.

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