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Central BanksMedium•21 April 2026•

1 min read

RBNZ Governor Warns of Iran Conflict Impact on New Zealand Economy

A man with gray hair in a suit looks forward, with a burning building behind him. Financial charts and gauges are overlaid.

Key Facts

1Dr. Anna Breman, Governor of the Reserve Bank of New Zealand, delivered a keynote speech on the global repercussions of the Iran conflict.

2The speech focused on how geopolitical shocks in the Middle East transmit to the New Zealand economy.

Dr. Anna Breman, Governor of the Reserve Bank of New Zealand (RBNZ), delivered a keynote speech at the Business NZ CEO Forum highlighting the escalating risks from the Iran conflict. Governor Breman detailed how geopolitical shocks in the Middle East transmit to the New Zealand economy through various global channels. The address focused specifically on the potential for these tensions to disrupt global supply chains and drive energy prices higher. Furthermore, she noted that such factors could trigger unexpected inflationary pressures, complicating the future path of monetary policy. The central bank is closely monitoring these developments to assess the resilience of the domestic financial system against external volatility. These remarks come amid heightened global market uncertainty, placing additional pressure on the local currency and risk-sensitive assets.