Currency intervention
Latest monthly figures from the Reserve Bank reveal it boosted its 'foreign currency intervention capacity' by a further NZ$810 million last month - and it doesn't look to be finished
27th Feb 24, 3:49pm
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Latest monthly figures from the Reserve Bank reveal it boosted its 'foreign currency intervention capacity' by a further NZ$810 million last month - and it doesn't look to be finished
The Reserve Bank has added a further NZ$739 million to its 'foreign currency intervention capacity' in the past month and now has nearly NZ$18.5 billion held in offshore currencies to intervene if needed in foreign exchange markets
28th Nov 23, 3:55pm
13
The Reserve Bank has added a further NZ$739 million to its 'foreign currency intervention capacity' in the past month and now has nearly NZ$18.5 billion held in offshore currencies to intervene if needed in foreign exchange markets
RBNZ's foreign currency intervention capacity likely to grow significantly, Westpac NZ's Kelly Eckhold says
19th Nov 23, 6:00am
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RBNZ's foreign currency intervention capacity likely to grow significantly, Westpac NZ's Kelly Eckhold says
[updated]
Assistant Governor Karen Silk says no clear answer to the question of what the right level of foreign currency reserves the RBNZ should hold is
14th Nov 23, 1:23pm
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Assistant Governor Karen Silk says no clear answer to the question of what the right level of foreign currency reserves the RBNZ should hold is
After selling close to $4 billion of NZ dollars in July, last month the RBNZ had its largest net gain of Kiwi dollars since 2015
27th Sep 23, 3:42pm
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After selling close to $4 billion of NZ dollars in July, last month the RBNZ had its largest net gain of Kiwi dollars since 2015
Reserve Bank bolsters currency intervention war chest as Robertson lines up capital boost and fresh indemnity for the central bank
9th Sep 23, 9:11am
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Reserve Bank bolsters currency intervention war chest as Robertson lines up capital boost and fresh indemnity for the central bank
Reserve Bank gets an extra $500 million to build up the foreign reserves it would use to prop up the New Zealand dollar in a crisis
3rd Aug 23, 6:46am
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Reserve Bank gets an extra $500 million to build up the foreign reserves it would use to prop up the New Zealand dollar in a crisis
[updated]
The Reserve Bank and Finance Minister have agreed a new framework for managing foreign reserves, which will include the RBNZ holding more cash offshore - but it's not saying how much more
25th Jan 23, 9:37am
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The Reserve Bank and Finance Minister have agreed a new framework for managing foreign reserves, which will include the RBNZ holding more cash offshore - but it's not saying how much more
With a weak NZ dollar harming the outlook for imported inflation, could the RBNZ be tempted to intervene to try and prop the NZ dollar up?
29th Sep 22, 1:15pm
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With a weak NZ dollar harming the outlook for imported inflation, could the RBNZ be tempted to intervene to try and prop the NZ dollar up?
RBNZ assistant governor says changes to savings and investment patterns necessary for sustained reduction in overvalued Kiwi dollar
22nd Nov 13, 11:40am
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RBNZ assistant governor says changes to savings and investment patterns necessary for sustained reduction in overvalued Kiwi dollar
RBNZ reveals it was a net buyer of NZ$90 million during May
Finance Minister Bill English says RBNZ hasn't signalled big NZ$ intervention to him and knows govt is opposed to big intervention
30th May 13, 2:23pm
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Finance Minister Bill English says RBNZ hasn't signalled big NZ$ intervention to him and knows govt is opposed to big intervention
RBNZ Governor Wheeler lets slip in parliamentary committee meeting that RBNZ has intervened to 'take top off NZ$'; currency falls 60 bps in following minutes
8th May 13, 1:29pm
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RBNZ Governor Wheeler lets slip in parliamentary committee meeting that RBNZ has intervened to 'take top off NZ$'; currency falls 60 bps in following minutes
Offshore analysts were close readers of RBNZ governor Wheeler's speech today. Here is what one thought
20th Feb 13, 6:30pm
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Offshore analysts were close readers of RBNZ governor Wheeler's speech today. Here is what one thought
RBNZ's Wheeler says NZ$ "significantly overvalued", but no simple solutions; RBNZ ready to intervene in NZ$ "when circumstances right"
20th Feb 13, 3:42pm
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RBNZ's Wheeler says NZ$ "significantly overvalued", but no simple solutions; RBNZ ready to intervene in NZ$ "when circumstances right"
The RBNZ has sold NZ$¼ billion in the currency markets recently. Is this an attempt to push the NZ$ down?
30th Jan 13, 3:53pm
6
The RBNZ has sold NZ$¼ billion in the currency markets recently. Is this an attempt to push the NZ$ down?
Finance Minister English on why the govt won't change NZ exchange rate policy; Says others' unorthodox policies carry large risks, create imbalances
21st Sep 12, 9:13am
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Finance Minister English on why the govt won't change NZ exchange rate policy; Says others' unorthodox policies carry large risks, create imbalances
Labour's finance spokesman David Parker likes what he heard from the IMF chief economist, especially on currency intervention
10th Sep 12, 2:37pm
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Labour's finance spokesman David Parker likes what he heard from the IMF chief economist, especially on currency intervention
How the Reserve Bank's 2007/08 currency interventions were profitable in the years until 2010/11 and why it may be staring down a paper loss this year
7th Aug 12, 4:06pm
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How the Reserve Bank's 2007/08 currency interventions were profitable in the years until 2010/11 and why it may be staring down a paper loss this year
BusinessDesk: Labour wants aggressive Reserve Bank action to snare currency speculators
18th Nov 11, 11:44am
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BusinessDesk: Labour wants aggressive Reserve Bank action to snare currency speculators
Alex's politico-economic blogroll: Why SOE sales are a good idea; Why we need to mine more; Nolan defends forecasters; The left welcomes Bernard; RBNZ ready to intervene?
26th Aug 11, 3:54pm
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Alex's politico-economic blogroll: Why SOE sales are a good idea; Why we need to mine more; Nolan defends forecasters; The left welcomes Bernard; RBNZ ready to intervene?
Alex Tarrant takes a look at the Reserve Bank's currency intervention policy, and what it has done in the past
12th Aug 11, 1:41pm
2
Alex Tarrant takes a look at the Reserve Bank's currency intervention policy, and what it has done in the past
NZ dollar falls more than 1 USc after Bank of Japan intervenes to drag yen lower vs US dollar; joins Swiss National Bank; no sign of RBNZ intervention
4th Aug 11, 2:54pm
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NZ dollar falls more than 1 USc after Bank of Japan intervenes to drag yen lower vs US dollar; joins Swiss National Bank; no sign of RBNZ intervention
Is a strong currency really a sign of our success?
Labour says Reserve Bank should be considering intervention to signal its unease over high NZ$
10th Jun 11, 2:54pm
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Labour says Reserve Bank should be considering intervention to signal its unease over high NZ$