Entries Categorized as 'reserve bank of new zealand'

A Surprise Interest Rate Cut from New Zealand

Date July 23, 2008

No, the Federal Reserve did not cut interest, but one central bank did - the RBNZ, which is short for the Reserve Bank of New Zealand.
For the first time in 5 years, the Reserve Bank of New Zealand cut interest rates by 25bp to 8 percent and signaled that rates will be cut even further. [...]

Posted in New Zealand dollar, reserve bank of new zealand Comments 4 Comments »

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