New Zealand Official Cash Rate

Latest release date

Sep 24, 2019

Actual

1.00%

Forecast

1.00%

Previous

1.00%

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
September 24, 2019 22:00 1.00% 1.00% 1.00%
August 6, 2019 22:00 1.00% 1.25% 1.50%
June 25, 2019 22:00 1.50% 1.50% 1.50%
May 7, 2019 22:00 1.50% 1.75% 1.75%
August 8, 2018 17:00
June 27, 2018 17:00 1.75% 1.75% 1.75%
May 9, 2018 17:00 1.75% 1.75% 1.75%
March 21, 2018 16:00 1.75% 1.75% 1.75%
February 7, 2018 15:00 1.75% 1.75% 1.75%
November 8, 2017 15:00 1.75% 1.75% 1.75%