RBNZ’s Orr: Committee was confident in the level of restrictiveness of interest rates
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“The committee was confident in the level of restrictiveness of interest rates at the present point,” said Reserve Bank of New Zealand (RBNZ) Governor Adrian Orr to New Zealand government Finance and Expenditure Committee on late Wednesday.
NZD/USD holds lower grounds near early March levels, after falling the most since early February the previous day, defensive near 0.6100 by the press time.
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