This article explains the channels by which New Zealand has borrowed from the rest of the world.

This article discusses some of the issues that the Reserve Bank would have to address in the event of a major natural disaster disrupting the New Zealand economy and financial markets.

This article outlines recent developments in the area of central bank co-operation in the Asia-Pacific region.

This article reviews the way in which money and credit aggregates are compiled and used in the Reserve Bank.

Most textbook models explain the operation of monetary policy in terms of how the central bank influences the market rate of interest by managing the supply of its liabilities relative to the demand for them. Yet some central banks no longer operate that way and, instead, set an interest rate...

This article talks about the role of the exchange rate in inflation targeting and how the Reserve Bank goes about shaping a forward view of inflation pressures.

This article is on New Zealand's experience with external capital flows in the 1990s

If exchange rate risk were a major impediment to trade, a currency union with one or more of our trading partners could facilitate trade with those partners. However, it is often suggested that exchange rate risk should not impede trade, because firms can manage the effect of exchange rate...

Central banks, like the Reserve Bank of New Zealand, make judgements and take actions to promote the stability of the financial system. This involves making decisions in inherently uncertain situations. For example, how is financial stability defined? How can we recognise an imminent financial...

This article provides an overview of the introduction of real time gross settlement