RBNZ maintains interest rate at 5.50%, New Zealand Dollar jumps – FXStreet

Following the conclusion of its April policy meeting on Wednesday, Reserve Bank of New Zealand (RBNZ) board members decided to maintain the Official Cash Rate (OCR) at 5.50%. This decision was in line with market expectations. RBNZ Monetary Policy Statement (MPS) Overview New Zealand’s economy continues to evolve in line with the Monetary Policy Committee’s […]