Archive: 28/06/2018

Adrian Orr on background2

OCR remains at 1.75 percent, for now...

Posted 3 years ago by Admin

The Reserve Bank has announced this morning that the Official Cash Rate (OCR) will remain at 1.75 percent for now.

"However, we are well positioned to manage change in either direction — up or down — as necessary," said Reserve Bank Governor Adrian Orr.

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