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Banks exaggerating capital impact, Orr says

RBNZ governor holds testy press conference on financial stability report.

Brent Edwards
Wed, 29 May 2019

Reserve Bank governor Adrian Orr has repeated his assurance the bank remains open to just how far to lift capital requirements for the country’s trading banks.

But Orr warned journalists they should be wary about the claims banks made about the impact of the proposed change on interest rates

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Brent Edwards
Wed, 29 May 2019
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Banks exaggerating capital impact, Orr says
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