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Economics
3 mins to read

Most households and businesses cope with rising interest rates

But more borrowers expected to fall behind in repayments this year, according to the RBNZ.

Reserve Bank, Wellington.

The country’s banks remain resilient and there’s no widespread stress on households and businesses refixing onto higher interest rates, according to the RBNZ.

It has teased another section of the Financial Stability Report, which gets released in full tomorrow.

The RBNZ said debt servicing costs

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Jonathan Mitchell Tue, 02 May 2023
Contact the Writer: jmitchell@nbr.co.nz
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Most households and businesses cope with rising interest rates
Economics,
98850
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