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New Zealand Holds Official Cash Rate At 0.25%

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
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The Monetary Policy Committee of the Reserve Bank of New Zealand on Wednesday decided to keep its Official Cash Rate unchanged at the record low of 0.25 percent, in line with expectations.

It was the eighth straight meeting with no change after the RBNZ trimmed the OCR by 75 basis points to the current mark on March 16, 2020.

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