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