Reserve Bank of New Zealand

The Reserve Bank of New Zealand (RBNZ) serves as the central bank for New Zealand and plays a crucial role in the country's financial stability. Established to oversee the monetary policy, the RBNZ's primary objectives include maintaining price stability, supporting full employment, and ensuring a sound and efficient financial system. The bank issues the national currency, the New Zealand dollar (NZD), regulates and supervises registered banks, and provides essential financial services. By managing interest rates and controlling inflation, the RBNZ aims to create a stable economic environment conducive to sustainable growth and development. Explore this category to understand the diverse functions and pivotal role of the Reserve Bank of New Zealand in the nation's economy.