New Zealand’s” border opening does not change policy outlook,” the Reserve Bank of New Zealand (RBNZ) Governor Adrian Orr said while addressing the post-monetary policy decision press conference on Wednesday.

Additional quotes

“Put the best foot forward with 25 bps, gives more optionality.”

“Can take our time at this point.”

“Not worrying about rising wages, have been well behaved.”

more to come …

NZD reaction

NZD/USD keeps its renewed upside intact on the latest comments from Governor Orr, currently trading at 0.6927, down 0.28% on the day.

The pair tested six-week lows of 0.6916 on RBNZ’s dovish rate hike decision.  

This article was originally published by the original article here.


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