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OCR unchanged at 2.50%
Thursday 30th of July 2009
"The level of the dollar in particular, is not helping the sustainability of future growth and brings with it additional economic risks," Bollard said in Wellington today, referring to the surge in the New Zealand dollar over the past four months which has hindered the prospect of a desired export-led recovery. "The outlook remains highly uncertain" with the rise in global commodity prices not...
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