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NZ OCR Unchanged At 2.5 Percent

NZ OCR Unchanged At 2.5 Percent
Wellington, Dec 10 NZPA - Reserve Bank Governor Alan Bollard has left official interest rates unchanged at 2.5 percent, but is now indicating the first rate rise could be as soon as the middle of 2010, and looks to be giving himself even more flexibility.

Banks Pass On Some But Not All Of RBNZ Cut

Wellington, Sept 11 NZPA - Some banks passed on some of the Reserve Bank's bold 50 basis point rate cut today to their customers.

NZ Reserve Bank Lowers Interest Rates To 7.5 Pct

Wellington, Sept 11 NZPA - In a surprise move, Reserve Bank Governor Alan Bollard has cut official interest rates by half a percentage point, taking them to 7.5 percent from 8 percent.

IMF Says NZ Faces Risks Over Addiction To Offshore Funding

Wellington, May 20 NZPA - The International Monetary Fund (IMF) has raised concerns about disruptions to New Zealand's access to offshore funding, but says its sound banking system and focus on inflation would help cushion the economy.

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