The 'Reserve Bank Of New Zealand'.

    The 'Reserve Bank Of New Zealand'. 

The Reserve Bank of New Zealand (RBNZ) is the central bank of New Zealand. It was established in 1934 and is responsible for conducting monetary policy, regulating and supervising the banking system, promoting financial stability, and issuing New Zealand's currency.




The Reserve Bank of New Zealand.
- Established: 1 August 1934
- Structure: Central bank
- Governor: Adrian Orr
- Deputy Governor: Geoff Bascand
- Headquarters: Wellington, New Zealand
- Ownership: Government-owned (operates independently from the New Zealand Government)
- Currency: New Zealand Dollar (NZD)
- Official Cash Rate (OCR): Currently 0.25% (as of June 2021)
- Core functions: Monetary policy, financial stability, currency management and issuance, prudential regulation and supervision of registered banks, non-bank deposit takers, and insurers
- Other responsibilities: Oversight of payment and settlement systems in New Zealand, statistical reporting and analysis, cooperation with international organizations and other central banks.

The Reserve Bank of New Zealand is an important institution within the New Zealand economy, with significant responsibilities for ensuring price stability, promoting the health of the financial system, and carrying out other key functions related to the management of monetary policy and financial regulation.

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