New Zealand Official Cash Rate

Latest release date

Aug 16, 2022

Actual

3.00%

Forecast

3.00%

Previous

2.50%

The Reserve Bank of New Zealand (RBNZ) governor decides where to set the rate after consulting senior bank staff and external advisers. Traders watch interest rate changes closely as short term interest rates are the primary factor in currency valuation. A higher than expected rate is positive/bullish for the NZD, while a lower than expected rate is negative/bearish for the NZD.

Impact: High

Country: New Zealand

Currency: New Zealand Dollar

Source: Reserve Bank of New Zealand

Date Actual Forecast Previous
August 16, 2022 09:00 3.00% 3.00% 2.50%
July 12, 2022 09:00 2.50% 2.50% 2.00%
May 24, 2022 09:00 2.00% 2.00% 1.50%
April 12, 2022 09:00 1.50% 1.25% 1.00%
February 22, 2022 06:00 1.00% 1.00% 0.75%
November 23, 2021 06:00 0.75% 0.75% 0.50%
October 5, 2021 08:00 0.50% 0.50% 0.25%
August 17, 2021 09:00 0.25% 0.50% 0.25%
July 13, 2021 09:00 0.25% 0.25% 0.25%
May 25, 2021 09:00 0.25% 0.25% 0.25%