new zealand central bank

Bank of New Zealand

Banks in Auckland, New Zealand
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As Aotearoa New Zealand’s central bank, we are the kaitiaki (guardian) of the economy and financial system. We weave Māori outcomes within our …

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Frequently asked questions

Q:
Why have interest rates gone up in the past 2 years?
A:
The OCR influences many other rates in New Zealand, including those you might have for a loan, mortgage or savings account. We raised interest rates because inflation is...
A:
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