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RBNZ governor tells markets: lower interest rates needed if dollar stays high

OCR remains unchanged at 2.75%.
 
Rob Hosking breaks down the Reserve Bank's decision on NBR Radio and on demand on MyNBR Radio.

Rob Hosking
Thu, 29 Oct 2015

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Lower interest rates will be needed if the New Zealand exchange rate stays high, the Reserve Bank says. 

The OCR remains unchanged at 2.75% afer this morning's statement from the bank. 

In a clear

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Rob Hosking
Thu, 29 Oct 2015
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RBNZ governor tells markets: lower interest rates needed if dollar stays high
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