RESERVE-BANK-OF-NZ

RBNZ Keeps OCR Unch; To Start Funding for Lending Programme in De...

--Slightly upgrades view on economy but alert to downside risks

By Sophia Rodrigues

The Reserve Bank of New Zealand left the official cash rate unchanged at 0.25% and announced it will provide additional easing to the economy v...

RESERVE-BANK-OF-NZ, 11 Nov 2020, 12:46 PM
RBNZ Planning to Bring Back High LVR Mortgage Rules As High Risk...

By Sophia Rodrigues

The Reserve Bank of New Zealand is planning to bring back loan-to-value ratio (LVR) restrictions for mortgages earlier than expected to curb swift growth in higher-risk investor lending.

In a statement Wedne...

RESERVE-BANK-OF-NZ, 11 Nov 2020, 09:07 AM
RBNZ Reviewing Reserves Portfolio As Part Of Emissions Reduction...

By Sophia Rodrigues

The Reserve Bank of New Zealand is reviewing its reserves portfolio as part of a plan to reduce its carbon emissions, Governor Adrian Orr said Wednesday.

Orr made the comments in a speech at the Pacific Ocea...

RESERVE-BANK-OF-NZ, 28 Oct 2020, 03:55 PM
RBNZ Maintains OCR Guidance But Expands Asset Purchases

By Sophia Rodrigues

The Reserve Bank of New Zealand left the official cash rate unchanged at 0.25% and said it is prepared to reduce it further but not before early 2021.

“The Committee reaffirmed its forward guidance tha...

RESERVE-BANK-OF-NZ, 13 May 2020, 12:39 PM
RBNZ Removes LVR Restrictions to Support Mortgage Deferral Scheme...

By Sophia Rodrigues

The Reserve Bank of New Zealand has removed the loan-to-value ratio (LVR) restrictions for mortgages to ensure they would not be an impediment in the implementation of the mortgage deferral scheme, for both borrowers...

RESERVE-BANK-OF-NZ, 30 Apr 2020, 03:18 PM
Did RBNZ Hint at Targeted Term Lending as Unconventional Monpol O...

By Sophia Rodrigues

The Reserve Bank of New Zealand may have dropped a hint on Monday that targeted term lending could be one of its preferred unconventional monetary policy measures to deal with the impact of coronavirus on the economy....

RESERVE-BANK-OF-NZ, 10 Mar 2020, 09:24 AM