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RBNZ on hold, OCR to stay high for longer
RBNZ has decided to maintain OCR unchanged at 5.50% again, aligning with broad market expectations. Making its stance clear, the bank asserted that the “OCR needs to stay at restrictive levels for the foreseeable future.” Reflecting a neutral stance, the central bank emphasized its confidence in the current monetary policy, “that with interest rates remaining […] The post RBNZ on hold, OCR to stay high for longer appeared first on Action Forex...
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Posted: Aug 16 2023, 03:00
Author Name: actionforex
Views: 022162