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Business 13 Nov 2020 | 7:00 AM

RBNZ sticking with guidance on interest rates

WELLINGTON: New Zealand’s central bank has not changed its guidance on keeping interest rates unchanged until March next year, but is hoping to be operationally ready to deploy negative rates by year end if they are needed, a senior official said.

Banking 24 Sep 2020 | 7:00 AM

NZ central bank holds rates but hints at easing

WELLINGTON: New Zealand’s central bank held its official cash rate at a record low yesterday but hinted at further easing and warned the economy may need support for a long time as the world grapples with the coronavirus pandemic.