new zealand cuts interest rate to record low 175
Last Updated : GMT 09:40:38
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Last Updated : GMT 09:40:38
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New Zealand cuts interest rate to record low 1.75%

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Themuslimchronicle, themuslimchronicleNew Zealand cuts interest rate to record low 1.75%

Wellington economy
Wellington - Arab Today

 New Zealand's central bank cut its benchmark interest rate 0.25 percent to a record low of 1.75 percent Thursday, citing low inflation and uncertainty in international markets.

"Political uncertainty remains heightened and market volatility is elevated," the bank said in a statement announcing the widely anticipated move.

 
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new zealand cuts interest rate to record low 175 new zealand cuts interest rate to record low 175

 



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