New Zealand Reserve Bank Lowers Official Cash Rate by 50 Basis Points

Source:XM软件

On Wednesday,XM开户 February 19th, the New Zealand Reserve Bank announced a 50 basis point reduction in the Official Cash Rate (OCR) to 3.75%. This decision aligned with market expectations. Additionally, the Reserve Bank did not revise its final rate forecast, keeping it at 3.10%. This contributed to the relatively strong performance of the New Zealand dollar in the market.

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