Just a week after cutting its official cash rate to 0.25%, the Reserve Bank is now starting to buy government bonds to help offset the economic impacts of the Covid-19 coronavirus pandemic.
In a statement today it said its Monetary Policy Committee had agreed to buy $30 billion worth of New
Want to read more? It's easy.
Choose your best value subscription option
Student
Exclusive offer for uni students studying at a New Zealand university (valued at $499).