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RBNZ’s Orr: On hold decision was unanimous

The Reserve Bank of New Zealand (RBNZ) Governor Adrian Orr is on the wires now, via Reuters, addressing the post-monetary policy press conference.

The RBNZ caught the markets off guard by standing pat on its interest rate decision last hour. The central bank left the Official Cash Rate (OCR) unchanged at a record low of 1.00%.

Key Quotes:

On hold decision was unanimous.

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