New Zealand central bank's Governor Adrian Orr will step down at the end of this month after seven years of leading the bank, according to an official statement. Deputy Governor Christian Hawkesby ...
New Zealand is set to appoint a woman to head its central bank for the first time as it seeks to refresh an institution damaged by leadership turmoil, according to a person familiar with the matter.
(Reuters) -The head of New Zealand's central bank resigned suddenly on Wednesday, ending a seven-year term that had become contentious at times after painfully high interest rates tipped the country ...
WELLINGTON, Oct 29 (Reuters) - New Zealand's central bank said in documents released on Wednesday that it had cut nearly 20% of its staff since March. The central bank had previously announced it was ...
WELLINGTON (Reuters) -New Zealand's finance minister is expected to announce a new central bank chief in the coming weeks, with economists hoping the move will signal the end of a tumultuous period in ...
New Zealand banking leaders urged lawmakers to consider whether the Reserve Bank’s capital requirements are too onerous. The chairs and chief executives of three of the nation’s biggest lenders ...
This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. BNZ has implemented the Payments NZ Account Information API v2.1 ...
BENGALURU, April 5 (Reuters) - New Zealand's central bank will leave its key interest rate unchanged for a sixth consecutive meeting on Wednesday and wait until the third quarter before cutting it, as ...
The Reserve Bank of New Zealand cut its official cash rate by 25 basis points to 3.25% at its May 2025 policy meeting, marking its sixth consecutive rate cut since August 2024. This move was in line ...
New Zealand's economic outlook for 2025 is one of cautious optimism. Despite an economic contraction in 2024, the Reserve Bank's successful efforts in curbing inflation and the cuts to interest rates ...
SYDNEY—The Reserve Bank of New Zealand has established a new committee for the conduct of financial policy, giving it power over issues around financial stability and prudential issues for banks. The ...
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