(AOF) – The Central Bank of New Zealand (RBNZ) left its key rate at 0.25%. This status quo was anticipated by economists. At the same time, SAMA maintained a policy of asset buybacks up to a maximum of NZ $ 100 billion by June 2022. To justify its decision, the Reserve Bank of New Zealand confirms that the economic outlook remains uncertain for New Zealand. As a result, the foundation says it is ready to maintain its adaptive policy for a long time to come; It can lower its prime price if needed.
Despite the “dovish” tone of these comments, the New Zealand dollar rose 1.25% to $ 0.7143 in the late afternoon.