Reserve Bank of New Zealand
Central bank of New Zealand / From Wikipedia, the free encyclopedia
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The Reserve Bank of New Zealand (RBNZ) (Māori: Te Pūtea Matua) is the central bank of New Zealand. It was established in 1934 and is currently constituted under the Reserve Bank of New Zealand Act 2021.[3] The governor of the Reserve Bank, currently Adrian Orr, is responsible for New Zealand's currency and operating monetary policy.
Quick Facts Headquarters, Coordinates ...
Headquarters | Wellington, New Zealand |
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Coordinates | 41.278814°S 174.77503°E / -41.278814; 174.77503 |
Established | 1 August 1934 |
Ownership | State-owned and governed under the 2021 Act |
Governor | Adrian Orr |
Central bank of | New Zealand |
Currency | New Zealand dollar NZD (ISO 4217) |
Reserves | NZ$14,899 million[1] |
Reserve requirements | None |
Interest on reserves | 5.5% (OCR)[2] |
Website | www |
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The Reserve Bank of New Zealand does not offer financial services to the public nor does it offer deposit insurance, and its website refers people to other financial institutions.