Tag: RBNZ
Asian stocks are strong and the kiwi jumps after the RBNZ rate hike
The Japanese Nikkei rose 0.81% to 29,101.33, breaking the 29,000 barrier for the first time since Jan. 6. MSCI’s broadest index of Asia-Pacific stocks outside Japan rose 0.02%. Shares in…
RBNZ chief economist says rate outlook could change depending on economic indicators.
“It was our best view; it was a current view,” said chief economist Paul Conway, referring to a view set out last week by the central bank, a pioneer in…