Advertisement
New Zealand Interest Rate Decision
Rates of interest in New Zealand are set by the Reserve Bank of New Zealand, which is the central bank of the country. The Official Cash Rate (OCR) serves as the official interest rate. The OCR was introduced in March 1999, and it is evaluated eight times a year by the central bank. This rate determines the cost of borrowing money in the country and supplies the Reserve Bank with a tool for controlling both the level of economic activity and inflation in the country.
A higher than expected figure should be seen as positive (bullish) for the NZD while a lower than expected figure should be seen as negative (bearish) for the NZD.
Forex Sentiment (NZD)
| Symbol | Community Trend (Shorts vs Longs) | Symbol Popularity | Avg. Short Price / Distance From Price | Avg. Long Price / Distance From Price | Current Price | |
|---|---|---|---|---|---|---|
| AUDNZD |
|
|
1.0799 -20 pips |
1.0860 -41 pips |
1.08186 | |
| EURNZD |
|
|
1.8811 -640 pips |
1.9391 +60 pips |
1.94510 | |
| NZDCAD |
|
|
0.8141 -95 pips |
0.8288 -52 pips |
0.82359 | |
| NZDJPY |
|
|
86.4648 -101 pips |
88.6783 -120 pips |
87.474 | |
| NZDUSD |
|
|
0.5978 -77 pips |
0.6098 -43 pips |
0.60551 | |
| GBPNZD |
|
|
2.2130 -417 pips |
2.1477 +1070 pips |
2.25472 | |
| NZDCHF |
|
|
0.4938 +134 pips |
0.5084 -280 pips |
0.48038 |
News (NZD)
New Zealand Building Permits Jump 10%In May
The number of building permits issued in New Zealand was up a seasonally adjusted 10 percent on month in June, Statistics New Zealand said on Tuesday - coming in at 3,151.
RTTNews | 4 days ago
New Zealand GDP Expands 0.8% In Q1
New Zealand's gross domestic product expanded by a seasonally adjusted 0.8 percent on quarter in the first quarter of 2025, Statistics New Zealand said on Thursday.
RTTNews | 16 days ago
New Zealand Has NZ$5.5 Billion Current Account Shortfall
New Zealand had a seasonally adjusted current account deficit of NZ$5.5 billion in the first quarter of 2025, Statistics New Zealand said on Wednesday.
RTTNews | 17 days ago
