RBNZ lifts rates by 25 basis points

Source: RTT News
© Scanpix/FP
The New Zealand's national bank decide to increased its benchmark interest rates on Thursday rising the rates for the first time in over a three-year period, a report released by the bank showed on today. The Reserve Bank of New Zealand lift its benchmark Cash Rate from 2.5% to 2.75% matching economists' estimates.

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