RBNZ Gov Orr says NZ dollar appreciation has moderated returns for exporters

Author: Eamonn Sheridan | Category: Central Banks

Policy announcement earlier:

Remarks at the presser:
  • says NZ dollar appreciation has moderated returns for exporters 
  • fiscal policy remains primary responder to crisis
  • yesterday's new outbreak did not materially impact decision today
  • RBNZ does not have more information on the cov1COVID-19 outbreak than is publicly known 
  • health the key downside risk, risks still skewed to the downside
  • path the stable inflation, full employment is low rates and low NZ dollar
  • want to actively get bond yields lower 


Policy announcement earlier:

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