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New Zealand Interest Rate Decision

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New Zealand Interest Rate Decision

Frequency

Delivery Method

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Status

 
Latest Release
Nov 27, 2024
Actual
4.25%
Forecast
4.25%
Previous
4.75%
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.
Importance:
Country:
Currency: NZD
Source: Reserve Bank of New Zealand
New Zealand Interest Rate Decision
 
Release Date Time Actual Forecast Previous
Nov 26, 2024 20:00 4.25% 4.25% 4.75%
Oct 08, 2024 20:00 4.75% 4.75% 5.25%
Aug 13, 2024 21:00 5.25% 5.50% 5.50%
Jul 09, 2024 21:00 5.50% 5.50% 5.50%
May 21, 2024 21:00 5.50% 5.50% 5.50%
Apr 09, 2024 21:00 5.50% 5.50% 5.50%

News

Analysis

Kenny Fisher
NZD/USD Plunges After Hawkish Fed By Kenny Fisher - Dec 19, 2024

The NZD/USD had a miserable Wednesday, plummeting 2.3%. The pair has reversed directions Thursday and is trading at 0.5659 in the European session, up 0.66% on the day at the time of writing. The New...

RBNZ Interest Rate Decision Discussion

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All Comments (26)
Seqtianos Qtian
Seqtianos Qtian Nov 26, 2024 12:21PM ET
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Do you think tomorrow bullish or bearish
Mpho Khunyeli
Mpho Khunyeli Aug 08, 2018 5:18PM ET
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the RBNZ decided to keep their interest rates unchanged resulting to Nzd bears taking control
dharma wijaya
dharma wijaya Aug 10, 2016 2:00PM ET
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cut rate or not?
GUNA FX
GUNAFX Aug 10, 2016 2:00PM ET
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Trend Support has been broken. So it will come down definitely whatever may be the interest rate release.
GUNA FX
GUNAFX Aug 10, 2016 2:00PM ET
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NZD USD will come down today surely since it broken the trend supportline.
Huy Huynh
Huy Huynh Jul 22, 2015 5:07PM ET
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nzd/usd down
Rama Murthy
Rama Murthy Mar 11, 2015 3:57PM ET
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NZD interest rate - NZDUSD market?
Ali baloch
Ali baloch Dec 10, 2014 2:09PM ET
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NZD market down
Josef Botes
Josef Botes Dec 09, 2014 2:35PM ET
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Looking forward to tomorrow's Interest Rate Decision on NZD! Expecting a down trend at this time.
john smith
john smith Sep 10, 2014 9:18AM ET
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NZDUSD and NZDJPY, up or down ? i think up because it has already dropped a lot in the pas weeks, and with the carry trade (RBNZ at 3.5% BOJ at 0.1
Safiqul Islam
Safiqul Islam Sep 10, 2014 9:18AM ET
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This is not a matter that it has already gone down. You have to realize the reality.
Olajide Elias
Olajide Elias Sep 10, 2014 9:18AM ET
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When it comes to FX market, there,s no "i think" you've got to be more factual.
BA OR
BA OR Jul 24, 2014 10:25AM ET
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HI . . I think we all could have benefited from reading the following article before the announcement. Think this explains alot!. . NZD: Expect Big Reaction To RBNZ by Kathy Lien on Jul 23. . Cannot link to the article but search it..
Nicolas Cortinas
Nicolas Cortinas Jul 24, 2014 8:28AM ET
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the same here, why it went down?
 
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