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Oct
27
2011

RBNZ OCR Remains at 2.50%

27 October 2011



The RBNZ has just announced the Official Cash Rate (OCR) will remain at 2.50%. This was widely expected. The next OCR decision is on 8th December. The OCR has been at 3.0% or below since March 2009 – it is highly likely to remain at 2.50% for at least the next several months.

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