Breaking: RBNZ’s Orr: Unlikely to need ‘unconventional’ monetary policy tools, Kiwi jumps

The Reserve Bank of New Zealand (RBNZ) Governor Adrian Orr is on the wires now, via Reuters, noting that New Zealand is in a sound position to seize the opportunities and manage the challenges associated with global low interest rate environment.

Sep 26, 2019

China's 7-day repo rate hits two-month low

China's 7-day repo rate has dropped to the lowest level in over two months, according to MNI analyst Anthony Barton. The drop in the repo rate comes a

NZD/USD jumps to 0.63 as RBNZ's Orr downplays the need for unconventional policy tools

The already bid NZD/USD pair is extending gains on comments by the Reserve Bank of New Zealand's Governor Orr that New Zealand may not require unconve