Forex Fundamentals
RBNZ Interest Rate Decision

RBNZ Interest Rate Decision 9 March 2016

RBNZ Interest Rate Decision 9 March 2016: 2.25%, below the 2.5% forecast and down from 2.5% in January 2016. It is the lowest of the last 10 releases. 2 of the last 10 releases came in below the forecast. It was released on Wed 9 Mar 2016 at 20:00 UTC.

These figures were verified on 4 Oct 2026 from the source: Reserve Bank of New Zealand. This page reports the release as published: the figures, the consensus forecast and what a print like it usually does to the currency.

Actual
2.25%
Forecast
2.5%
The market consensus
Previous
2.5%
As the source gives it

What a print like this usually does

Below the forecast: A lower-than-expected OCR, or a decision that clearly points to faster cuts, usually weakens the NZD sharply.

RBNZ Interest Rate Decision 9 March 2016: 2.25% against a 2.5% forecast, with the last 10 releases
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Cite this release

If you cite this release, please link to this page:

RBNZ Interest Rate Decision 9 March 2016: 2.25% vs 2.5% forecast (Reserve Bank of New Zealand). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/rbnz/2016-03-09

The last 10 releases · times in UTC
ReleasedForActualForecastPrevious
9 Mar 2016—2.25%2.5%2.5%
27 Jan 2016—2.5%2.5%2.5%
9 Dec 2015—2.5%2.5%2.75%
28 Oct 2015—2.75%2.75%2.75%
9 Sep 2015—2.75%2.75%3%
22 Jul 2015—3%3%3.25%
10 Jun 2015—3.25%3.5%3.5%
29 Apr 2015—3.5%3.5%3.5%
11 Mar 2015—3.5%3.5%3.5%
28 Jan 2015—3.5%3.5%3.5%
The release before:RBNZ Interest Rate Decision 27 January 2016The release after:RBNZ Interest Rate Decision 27 April 2016RBNZ Interest Rate Decision: every recent resultThis week’s economic calendar