RBNZ Dep Gov Bascand says heightened uncertainties remain, COVID-19 still poses risks

Author: Eamonn Sheridan | Category: Central Banks

Reserve Bank of New Zealand Deputy Governor Bascand speaking

  • says to take action as needed to ensure regulated financial institutions' balance sheets are resilient to future stresses in the economy and financial system
  • we remain in a state of heightened uncertainty; covid still poses risks to the economic recovery and we assess that house prices are at an unsustainable level
  • says institutions should avoid being over-exposed to vulnerabilities that could arise from excessive debt in the household or business sectors


Invest in yourself. See our forex education hub.
By continuing to browse our site you agree to our use of cookies, revised Privacy Notice and Terms of Service. More information about cookiesClose