Thursday, 9 November 2017, 9:36 am Press Release: HiFX
RBNZ keeps OCR at 1.75%
The RBNZ have maintained
the Official Cash Rate (OCR) at 1.75%. This was widely
expected.
The key points in the RBNZ statement are:
CPI projected to remain near mid-point
target Numerous uncertainties remain and policy may need
to adjust accordingly Impact of new government policies
remain very uncertain global growth continues to
improve Economic growth is projected to strengthen The
NZD is jumped higher in immediate response.
HiFX is one of the largest foreign exchange and international payment specialists in the world, managing over $30 billion on behalf of over 100,000 clients worldwide every year.
Large enough to undertake the biggest transactions, yet small enough to care about each and every one – send and receive overseas payments and manage your account anytime, anywhere. HiFX gives you the flexibility you need to transfer money quickly and easily via a secure online platform 24 hours a day, seven days a week - making moving money as easy as 1,2,3.