New Zealand Official Cash Rate

Latest release date

Feb 23, 2021

Actual

0.25%

Forecast

0.25%

Previous

0.25%


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: Medium

Country: New Zealand

Currency: New Zealand Dollar

Source: Reserve Bank of New Zealand


Date Actual Forecast Previous
February 23, 2021 06:00 0.25% 0.25% 0.25%
November 10, 2020 20:00 0.25%
September 22, 2020 22:00 0.25% 0.25% 0.25%
August 11, 2020 22:00 0.25% 0.25% 0.25%
June 23, 2020 22:00 0.25% 0.25% 0.25%
May 12, 2020 22:00 0.25% 0.25% 0.25%
March 24, 2020 22:00
March 15, 2020 15:00 0.25% 1.00%
February 11, 2020 20:00 1.00% 1.00% 1.00%
November 12, 2019 20:00 1.00% 0.75% 1.00%