![Reserve Bank tips risky lending limits](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Reserve Bank tips risky lending limits
The Reserve Bank would impose limits on riskier mortgage lending with smaller deposits if it judged those loans to be a "significant risk" to financial stability.
The Reserve Bank would impose limits on riskier mortgage lending with smaller deposits if it judged those loans to be a "significant risk" to financial stability.
Increasing pressure in a housing market where supply is failing to meet demand is posing a growing risk to our financial stability, says the Reserve Bank.
The dollar rose as much as 0.7 per cent against the greenback after Reserve Bank governor Graeme Wheeler backed off from talking down the currency at today's monetary policy review.
Strong overseas demand for the New Zealand dollar is likely to form a major barrier to attempts by the Reserve Bank to bring it down, say analysts.