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Bloomberg - RBNZ Cuts Key Rate to 1.0% from 1.5%

Bloomberg - RBNZ Cuts Key Rate to 1.0% from 1.5%

  • TV-G
  • 2019
  • 2mins
Aug.07 -- The Kiwi dollar slid after New Zealand’s reserve bank cut the official cash rate by twice as much as expected bringing it down 50-basis points. Bloomberg’s Malcolm Scott reports on “Bloomberg Markets: Asia.”