Archive for May, 2017

New Zealand Interest Rates on Hold

11th May 2017: The New Zealand Reserve Bank today left the Official Cash Rate (OCR) unchanged at 1.75 percent. In his explanatory statement by Reserve Bank Governor Graeme Wheeler, said the following: “Global economic growth has increased and become more broad-based over recent months. However, major challenges remain with on-going surplus capacity and extensive political […]

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