RBNZ Interest Rate Decision

Local Time:
May 22 2024 |
12:00 pm - 12:30 pm

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RBNZ Interest Rate Decision is adopted every six weeks. The regulator’s interest rate is used for loans issued to commercial banks. Establishing of an interest rate is one of the main monetary policy tools used by the Reserve Bank of New Zealand to regulate the strength of the national currency. An increase in the interest rate can have a positive effect on NZD quotes.

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