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Dec
08
2011

RBNZ left the official cash rate unchanged

08 December 2011



The Reserve Bank of New Zealand has left the Offcial Cash Rate unchanged at 2.5% this morning and dropped any reference to potential rate hikes.

View the Monetary Policy Statement page http://www.rbnz.govt.nz/monpol/statements for the current policy assessment, Monetary Policy Statement, and data file.

The NZD is marginally weaker in immediate response. Governor Bollard is holding a press conference at the moment which may provide further insights.

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