Reserve Bank of New Zealand

The Reserve Bank of New Zealand is the country's central bank responsible for maintaining monetary stability. It manages inflation, oversees the country's currency (the New Zealand dollar), and supports a stable financial system. The Reserve Bank sets interest rates to influence economic activity, aiming to keep inflation around a target level. It also supervises banks and financial institutions to ensure they operate safely. Essentially, it acts as the financial system's guardian, helping to promote economic growth and stability in New Zealand.