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New Zealand Interest Rate Decision

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New Zealand Interest Rate Decision

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Delivery Method

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Status

 
Latest Release
Apr 10, 2024
Actual
5.50%
Forecast
5.50%
Previous
5.50%
The Reserve Bank of New Zealand (RBNZ) governor decides where to set the rate after consulting senior bank staff and external advisers. Traders watch interest rate changes closely as short term interest rates are the primary factor in currency valuation.

A higher than expected rate is positive/bullish for the NZD, while a lower than expected rate is negative/bearish for the NZD.
Importance:
Country:
Currency: NZD
Source: Reserve Bank of New Zealand
New Zealand Interest Rate Decision
 
Release Date Time Actual Forecast Previous
Nov 26, 2024 21:00      
Oct 08, 2024 22:00      
Aug 13, 2024 22:00      
Jul 09, 2024 22:00      
May 21, 2024 22:00      
Apr 09, 2024 22:00 5.50% 5.50% 5.50%

News

RBNZ keeps rates on hold, says policy to remain restrictive
RBNZ keeps rates on hold, says policy to remain restrictive By Investing.com - Apr 09, 2024

Investing.com-- The Reserve Bank of New Zealand left interest rates unchanged as widely expected on Wednesday, and reiterated that monetary policy will remain restrictive to further reduce pressure...

Top 5 things to watch in markets in the week ahead
Top 5 things to watch in markets in the week ahead By Investing.com - Apr 07, 2024 13

Investing.com -- U.S. inflation data will be in sharp focus in the coming week after Friday’s blowout jobs report raised the prospect that the Federal Reserve may delay interest rate cuts for longer....

Analysis

Alexander Kuptsikevich
Rate Surprise From RBNZ By Alexander Kuptsikevich - Apr 05, 2023 1

The Reserve Bank of New Zealand made another rate hike of 50 points to 5.25%. Contrary to forecasts of a 25-point rate hike and the global trend towards a slowdown in policy tightening, the RBNZ has...

RBNZ Interest Rate Decision Discussion

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All Comments (25)
Mpho Khunyeli
Mpho Khunyeli Aug 08, 2018 5:18PM ET
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the RBNZ decided to keep their interest rates unchanged resulting to Nzd bears taking control
dharma wijaya
dharma wijaya Aug 10, 2016 2:00PM ET
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cut rate or not?
GUNA FX
GUNAFX Aug 10, 2016 2:00PM ET
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Trend Support has been broken. So it will come down definitely whatever may be the interest rate release.
GUNA FX
GUNAFX Aug 10, 2016 2:00PM ET
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NZD USD will come down today surely since it broken the trend supportline.
Huy Huynh
Huy Huynh Jul 22, 2015 5:07PM ET
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nzd/usd down
Rama Murthy
Rama Murthy Mar 11, 2015 3:57PM ET
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NZD interest rate - NZDUSD market?
Ali baloch
Ali baloch Dec 10, 2014 2:09PM ET
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NZD market down
Josef Botes
Josef Botes Dec 09, 2014 2:35PM ET
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Looking forward to tomorrow's Interest Rate Decision on NZD! Expecting a down trend at this time.
john smith
john smith Sep 10, 2014 9:18AM ET
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NZDUSD and NZDJPY, up or down ? i think up because it has already dropped a lot in the pas weeks, and with the carry trade (RBNZ at 3.5% BOJ at 0.1
Safiqul Islam
Safiqul Islam Sep 10, 2014 9:18AM ET
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This is not a matter that it has already gone down. You have to realize the reality.
Olajide Elias
Olajide Elias Sep 10, 2014 9:18AM ET
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When it comes to FX market, there,s no "i think" you've got to be more factual.
BA OR
BA OR Jul 24, 2014 10:25AM ET
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HI . . I think we all could have benefited from reading the following article before the announcement. Think this explains alot!. . NZD: Expect Big Reaction To RBNZ by Kathy Lien on Jul 23. . Cannot link to the article but search it..
Nicolas Cortinas
Nicolas Cortinas Jul 24, 2014 8:28AM ET
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the same here, why it went down?
drinvesting spyring
drinvesting spyring Jul 24, 2014 8:19AM ET
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same with forecast , y go down ?
 
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