Scoop has an Ethical Paywall
Chamber Welcomes RBNZ Decision
Chamber Welcomes RBNZ Decision
The Wellington Regional Chamber of Commerce agrees fully with the assessment released today by the Reserve Bank and its decision to leave the Official Cash Rate unchanged.
“The news on the inflation front in recent weeks has been encouraging, and it is clear from our membership that inflationary expectations are easing”, Chamber Chief Executive Charles Finny said today.
“We hope the decision allows a more realistic assessment of the value of the New Zealand dollar. As our current account situation is showing, the dollar is overvalued against several currencies.
“We hope that today’s decision will encourage a move towards a more realistic value for the dollar”, Mr Finny concluded.
ENDS
Advertisement - scroll to continue reading
Business Canterbury: Urges Council To Cut Costs, Not Ambition For City
Wellington Airport: On Track For Net Zero Emissions By 2028
Landcare Research: ANZAC Gall Fly Release Promises Natural Solution To Weed Threat
NZ Anti-Vivisection Society: Auckland Rat Lovers Unite!
University of Canterbury: $1.35 Million Grant To Study Lion-like Jumping Spiders
Federated Farmers: Government Ends War On Farming
