Fisher and Paykel shares hit all-time high after OCR cut
Fletcher and Sky City also had a good day.
The drop in the kiwi dollar, following this morning’s cut to the official cash rate (OCR), was good news for some of New Zealand’s biggest listed companies.
The Reserve Bank cut the OCR 25 basis points to 2.25% and governor Graeme Wheeler indicated more cuts are on the way.
The kiwi dollar has
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Jason Walls
Thu, 10 Mar 2016
Thu, 10 Mar 2016
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Fisher and Paykel shares hit all-time high after OCR cut
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