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And so it grows RBNZ foreign cash pile now close to NZ$20 billion

Latest monthly figures from the Reserve Bank reveal it boosted its 'foreign currency intervention capacity' by a further NZ$810 million last month - and it doesn't look to be finished

New zealandKelly eckholdInternational monetary fundGovernor karen silkReserve bankNew zealand chief economist kelly eckhold

Reserve Bank continues to build its foreign currency war chest

The Reserve Bank has added a further NZ$739 million to its 'foreign currency intervention capacity' in the past month and now has nearly NZ$18.5 billion held in offshore currencies to intervene if needed in foreign exchange markets

New zealandNew zealandersGrant robertsonKelly eckholdInternational monetary fundReserve bankFinance minister grant robertsonGovernor karen silkNew zealand chief economist kelly eckhold

New Zealand Inflation Slows More Than Expected to 2-Year Low

New Zealand Inflation Slows More Than Expected to 2-Year Low
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New zealand generalNew zealandKelly eckholdJarrod kerrAinsley thomsonBank new zealandStatistics new zealandReserve bankOfficial cash rateNew zealand chief economist kelly eckhold