Headquarters | Wellington, New Zealand |
---|---|
Coordinates | 41°16′44″S 174°46′30″E / 41.278814°S 174.77503°E |
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$32,538 million[1] |
Reserve requirements | None |
Interest on reserves | 4.75% |
Website | www |
The Reserve Bank of New Zealand (RBNZ) (Māori: Te Pūtea Matua) is the central bank of New Zealand. It was established in 1934[2] 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.
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.
1933 act
was invoked but never defined (see the help page).