How do I get the Reserve Bank of New Zealand policy rate history via API?

Policy rate history for New Zealand is available at /api/v1/announcements/nzd/policy_rate, with announcement_datetime for every meeting decision.

What happens to the nzd when the Reserve Bank of New Zealand raises rates?

Rate hikes attract capital inflows seeking higher yield, which typically strengthens the nzd in the short run. However, very aggressive hikes can raise recession fears and eventually weaken the currency.

Back to API Index

央行政策利率 (NZD)

中央银行设定的主要利率。

Latest reading: 1.75 % · Last updated: 2018-01-03 · Source: RBNZ

Category: Monetary Policy

API Endpoint

/api/v1/announcements/nzd/policy_rate

Use the production OpenAPI schema for the authoritative REST route metadata.

https://fxmacrodata.com/api/openapi.json

Browse the full endpoint reference

Compare 央行政策利率 across all supported currencies →

Optional Indicator Availability (NZD)

Optional indicators use per-currency fetcher capability checks and may be temporarily hidden while source coverage is being remediated.

foreign_reserves

Available

cb_assets

Available

inflation_mom

Unavailable Not implemented on this currency fetcher yet.

About 央行政策利率 (NZD)

The New Zealand policy interest rate is the benchmark rate set by the Reserve Bank of New Zealand to influence borrowing costs, credit conditions, and inflation throughout the economy. It is the single most important price in New Zealand's financial system.

Why FX traders watch it

Policy rate differentials between countries are the primary driver of carry-trade positioning and long-run FX equilibrium. When the Reserve Bank of New Zealand is hiking while others are on hold, the nzd typically appreciates on an interest rate differential basis.

How to interpret the data

A surprise rate hike is nzd-positive; a surprise cut is negative. Forward guidance and the policy statement accompanying each decision are often more market-moving than the rate change itself, as markets are usually well-positioned for the expected move.

Historical 央行政策利率 (NZD)

Source: RBNZ · ~7x/year · %

Data provided by FXMacroData via the /api/v1/announcements/nzd/policy_rate endpoint. For access, see pricing.

Data Source

Primary Source

RBNZ

Official Series ID

hb2-daily-close.xlsx (OCR)

External Link

View Official Data Page

Data Format and Properties

Data Frequency

~7x/year

Unit of Measure

JSON Response Structure

The endpoint returns a chronological list of observations in JSON format.

{
    "currency": "NZD",
    "indicator": "policy_rate",
    "has_official_forecast": false,
    "start_date": "2023-01-01",
    "end_date": "2023-12-31",
    "data": [
        {
            "date": "2024-07-01",
            "val": 4.2,
            "announcement_datetime": 1722456000
        }
    ]
}

Request Parameters & Usage

Parameter	Required	Format	Description
`start_date`	NO	`YYYY-MM-DD`	Optional lower bound for the requested history.
`end_date`	NO	`YYYY-MM-DD`	Optional upper bound. Defaults to the current date.
`api_key`	CONDITIONAL	`string`	Required for non-USD announcement requests. USD announcement requests are public without an API key.

Example Usage

To retrieve 央行政策利率 data for NZD from 2023:

GET https://fxmacrodata.com/api/v1/announcements/nzd/policy_rate?start_date=2023-01-01&end_date=2023-12-31&api_key=YOUR_API_KEY

Frequently Asked Questions

How do I get the Reserve Bank of New Zealand policy rate history via API?: Policy rate history for New Zealand is available at /api/v1/announcements/nzd/policy_rate, with announcement_datetime for every meeting decision.
What happens to the nzd when the Reserve Bank of New Zealand raises rates?: Rate hikes attract capital inflows seeking higher yield, which typically strengthens the nzd in the short run. However, very aggressive hikes can raise recession fears and eventually weaken the currency.