New Zealand New Zealand Central Bank key rates

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New Zealand INTEREST RATES

New Zealand rises its interest rates

New Zealand has increased its interest rates by 0.5 percentage points, from 1.5% to an annual rate of 2%.

The key rates a tool used by Central Banks to implement monetary policy.

An increase in interest rates is used to slow down inflation and protect the currency.

This change is the first to have taken place since on April13th 2022, when the Central Bank increased interest rates by 0.5 percentage points to 1.5%.

Here we show you the progression of interest rates in New Zealand. You can see interest rates in other countries in interest rates and see all the economic information about New Zealand in New Zealand economy.

New Zealand - Key rates
DateKey rates
05/25/20222.00%
04/13/20221.50%
02/23/20221.00%
11/24/20210.75%
10/06/20210.50%
03/16/20200.25%
08/07/20191.00%
05/08/20191.50%
11/10/20161.75%
08/11/20162.00%
03/10/20162.25%
12/10/20152.50%
09/10/20152.75%
07/23/20153.00%
06/11/20153.25%
07/24/20143.50%
06/12/20143.25%
04/24/20143.00%
03/13/20142.75%
03/10/20112.50%
07/29/20103.00%
06/10/20102.75%
04/30/20092.50%
03/12/20093.00%
01/29/20093.50%
12/04/20085.00%
10/23/20086.50%
09/11/20087.50%
07/24/20088.00%
07/26/20078.25%
06/07/20078.00%
04/26/20077.75%
03/08/20077.50%
12/08/20057.25%
10/27/20057.00%
03/10/20056.75%
10/28/20046.50%
09/09/20046.25%
07/29/20046.00%
06/10/20045.75%
04/29/20045.50%
01/29/20045.25%
07/24/20035.00%
06/05/20035.25%
04/24/20035.50%
07/03/20025.75%
05/15/20025.50%
04/17/20025.25%
03/20/20025.00%
11/14/20014.75%
09/19/20015.25%
05/16/20015.75%
04/19/20016.00%
03/14/20016.25%
05/17/20006.50%
04/19/20006.00%
03/15/20005.75%
01/19/20005.25%
11/17/19995.00%
03/17/19994.50%
New Zealand - Key rates