Bitcoin euphoria is in full swing. The RBNZ left interest rates unchanged
On Tuesday, we experienced another cautious and calm session on the US stock market. The performance of stock indices was mixed. The Dow Jones lost slightly, but the SP500 and Nasdaq Composite at the end of the day ranked [...]
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June 15 2023
New Zealand is sinking into recession. What will the RBNZ decide on rates?
New Zealand is in recession, Thursday's first-quarter GDP contraction showed by 0,1%, below the Reserve Bank of New Zealand's forecast of 0,3%. GDP in the fourth quarter was also revised [...]
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April 13 2022
RBNZ is raising rates and NZD is depreciating
The Reserve Bank of New Zealand (RBNZ) unexpectedly raised interest rates by as much as 50 basis points overnight. Initially, it caused a strengthening of the New Zealand currency, but finally it depreciated. The situation on the chart [...]
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November 19 2021
Reserve Bank of New Zealand - RBNZ functions and role
New Zealand is one of the most developed economies in the world. The country is one of the members of the OECD. In turn, the New Zealand dollar is one of the most liquid currencies in the Asia-Pacific region. According to data [...]