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Reserve Bank assets have quadrupled since 2019, new data shows

Author
Newstalk ZB,
Publish Date
Wed, 15 May 2024, 9:06pm
Reserve Bank Governor Adrian Orr. Photo / NZ Herald
Reserve Bank Governor Adrian Orr. Photo / NZ Herald

Reserve Bank assets have quadrupled since 2019, new data shows

Author
Newstalk ZB,
Publish Date
Wed, 15 May 2024, 9:06pm

Ahead of the May Budget, experts have noticed the Reserve Bank's balance sheet has grown over the years.

The value of assets held by the RBNZ has has quadrupled since 2019, peaking at $104 billion in February 2023.

NZ Herald Wellington business editor Jenee Tibshraeny explains what's causing all this.

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