New Zealand

RBNZ reports NZ$111m loss

Reserve Bank of New Zealand makes loss after appreciation in New Zealand dollar, slashes dividend payment to government

Settlement system gets go-ahead from RBNZ

Reserve Bank of New Zealand and Securities Commission give “statutory backing” country’s third settlement system; system a joint venture between central bank and stock exchange operator

More easing needed in New Zealand: OECD

The Reserve Bank of New Zealand should cut its policy rate by a further percentage point to 2% in order to stimulate the domestic economy, said the Organisation for Economic Cooperation and Development (OECD) on Thursday. The views contrast with those…

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