TODAY'S TOP STORIES

New Zealand Central Bank Keeps Rate, QE Unchanged

New Zealand's central bank maintained its interest rate and quantitative easing unchanged as social restrictions to contain the spread of coronavirus were relaxed and domestic operations resumed earlier than expected.

The Monetary Policy Committee of the Reserve Bank of New Zealand, on Wednesday, decided to hold its interest rate at a record low 0.25 percent.

Subscribe to continue reading the article.
This article is part of our premium content offering.Subscribe with a RTTNews subscription.
Subscribe Now
Already subscribed? Sign in

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com

More TODAY'S TOP STORIES