RBNZ unveils a new foreign reserves framework RBNZ CentralBanks NZDUSD
“Minister of Finance and RBNZ board have agreed that an increase to foreign reserves holdings is needed.““The transition to this higher level of foreign reserves will take place over a number of years.”NZD/USD is off the low, trading at around 0.6220 on the above headlines. The pair is still incurring a 0.06% loss on the day.Information on these pages contains forward-looking statements that involve risks and uncertainties.
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