RBNZ keeps OCR at 3.5%, signals slower pace of future hikes; kiwi drops

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RBNZ keeps OCR at 3.5%, signals slower pace of future hikes; kiwi drops

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11-09-2014, 07:00 AM

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RBNZ keeps OCR at 3.5%, signals slower pace of future hikes; kiwi drops

An honorable member of the Coffee Shop Has Just Posted the Following:

sam leong's money getting smaller...:o

Wheeler continued to jawbone the kiwi dollar down, calling the exchange rate's strength "unjustified and unsustainable" and that the bank expects "further significant depreciation, which should be reinforced as monetary policy in the US begins to normalise."

https://nz.finance.yahoo.com/news/rb...210700336.html

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