It has been reported that the Reserve Bank of New Zealand (RBNZ) has made some adjustments to its existing pandemic statutes to allow banks to pay out dividends from as much as 50% of their earnings. This move represents a significant easing of pandemic-related regulations which central banks across the […]
The NZD/USD pair is starting to face headwinds after the Reserve Bank of New Zealand announced that it dismantle some of the temporary liquidity facilities it put in place to stave off the negative impact of the coronavirus pandemic. The process will involve the closing of the Term Auction Facility […]
The Reserve Bank of New Zealand (RBNZ) decided on its monetary policy direction a few hours ago and opted to leave interest rates unchanged at 0.25%, building on the country’s relative success in stemming the tide of the coronavirus pandemic. This decision was widely expected and kept to market expectations. […]
The NZDUSD price jumped after the latest interest rate decision by the New Zealand Central Bank (RBNZ). The pair climbed to a high of 0.6900, which is the highest it has been since May 2019. In its November interest rate meeting, the RBNZ decided to leave interest rates at 0.25%,...
The GBPNZD was lower on Monday and the pair has a bearish tone ahead of Kiwi jobs numbers. The figures will be released after the day’s close and the market is expecting a Q-on-Q unemployment change of -0.8%. The unemployment rate is expected to come in at 5.4% versus last […]
This is the key question the Reserve Bank of New Zealand (RBNZ) will answer when it delivers its interest rate decision and rate statement, followed by the press conference from the RBNZ Governor Adrian Orr at 2 am GMT, and 3 am GMT respectively. The market consensus is for the […]
Today, NZDUSD fell sharply following the RBNZ interest rate decision as it expressed concerns about the recent strength of the New Zealand dollar.
Investors will focus tomorrow on the Reserve Bank of New Zealand interest rates decision which will be announced on June 24, at 2:00GMT.
NZDUSD is trading steady ahead of the RBNZ rate decision on Wednesday. Will the central bank hint that negative rates is still a possibility?