RBNZ to review OCR as warnings of global 'fragility' grow
Similar rises in the US currency triggered debt crises in Latin America in the late 1980s and in East Asia in the late 1990s.
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Concern about the rising US dollar provides an uncomfortable global backdrop to this week’s Reserve Bank interest rate decision.
Further “jawboning” of the New Zealand currency is expected from Reserve Bank governor Graeme Wheeler, and, as flagged by NBR ONLINE last week, the central bank is
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Rob Hosking
Mon, 08 Dec 2014
Mon, 08 Dec 2014
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RBNZ to review OCR as warnings of global 'fragility' grow
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