• RBNZ: All banks are currently operating above our minimum regulatory requirements

Market news

17 March 2023

RBNZ: All banks are currently operating above our minimum regulatory requirements

Reserve Bank of New Zealand (RBNZ) said in a statement on Friday, “all New Zealand banks are currently operating above our minimum regulatory requirements.”

Additional quotes

“Aware of current financial stability issues with a small number of banks internationally, monitoring the situation closely.”

“In regular contact with other regional regulators and regulated entities.”

Market reaction

NZD/USD is holding higher ground near 0.6230 on the above headlines. The spot is up 0.50% on the day.

Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.