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Home | New Zealand holds rates at 2.5% |
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New Zealand holds rates at 2.5%
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- April 28, 2011
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The Reserve Bank of New Zealand has today announced that it has left the Official Cash Rate (OCR) unchanged at 2.5%. Governor Alan Bollard stated that the immediate outlook for the nation’s economy remained very uncertain, following the earthquake that struck Christchurch in February. Tourism and consumer confidence declined substantially following the natural disaster, but [...]
- Read more at:http://www.bankingtimes.co.uk/2011/04/28/new-zealand-holds-rates-at-2-5/
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