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Reserve Bank of New Zealand rate decision set for Wednesday

The Reserve Bank of New Zealand will finish its monetary policy meeting on Wednesday and announce its interest-rate decision.

CANBERA (dpa-AFX) - The Reserve Bank of New Zealand will wrap up its monetary policy meeting on Wednesday and then announce its decision on interest rates, highlighting a modest day for Asia-Pacific economic activity.

The RBA is expected to hike its Official Cash Rate by 25 basis points, to 2.75 pe…