New Zealand RBNZ Holds OCR at 2.75%
The Reserve Bank of New Zealand unexpectedly kept its official cash rate unchanged at 2.75% on Wednesday. The New Zealand dollar fell sharply as investors scaled back expectations for rate hikes.
The Reserve Bank of New Zealand unexpectedly kept its official cash rate unchanged at 2.75% on Wednesday. The New Zealand dollar fell sharply as investors scaled back expectations for rate hikes.