The Reserve Bank of New Zealand warns that geopolitical tensions threaten the country's financial stability.

The Reserve Bank of New Zealand (RBNZ) warns that geopolitical tensions pose a significant risk to the country's financial stability. In its recent Financial Stability Report and 2024 Reverse Stress Test, the RBNZ noted that banks identified these tensions as key drivers of potential economic downturns, impacting trade, domestic demand, and market volatility. Despite these concerns, the financial system remains resilient amid rising interest rates.

November 03, 2024
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