Reserve Bank of New Zealand

Reserve Bank of New Zealand
Te Pūtea Matua (Māori)
HeadquartersWellington, New Zealand
Coordinates41°16′44″S 174°46′30″E / 41.278814°S 174.77503°E / -41.278814; 174.77503
Established1 August 1934
OwnershipState-owned and governed under the 2021 Act
GovernorAdrian Orr
Central bank ofNew Zealand
CurrencyNew Zealand dollar
NZD (ISO 4217)
ReservesNZ$39,565 million[1]
Reserve requirementsNone
Interest on reserves4.75%
Websitewww.rbnz.govt.nz

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.

  1. ^ "New Zealand's official overseas reserves – E1". Reserve Bank of New Zealand. Retrieved 1 October 2024.
  2. ^ Cite error: The named reference 1933 act was invoked but never defined (see the help page).
  3. ^ "The Reserve Bank's Institutional Regime". www.treasury.govt.nz. 8 September 2021. Retrieved 19 January 2023.