NZ's financial stability risks higher than in recent years

NZ's financial stability risks higher than in recent years
The Reserve Bank says NZ's banks are well-placed to manage uncertainty. (Image: NZME)
Staff reporters
Financial stability risks remain higher than in recent years for New Zealand thanks to ongoing global uncertainty and underperformance in parts of the Kiwi economy, the country's central bank says.“New Zealand would be exposed to any impacts on global economic activity or volatility in financial markets,” Reserve Bank of New Zealand (RBNZ) governor Christian Hawkesby said.In the November edition of its Financial Stability Report, the RBNZ said the fragmentation of global trade – particularly as regards the US and China &nd...

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