Early reportsWorld · New Zealand

Reserve Bank holds OCR at 2.75% in split decision

First reported 2026-10-28 01:03 UTC · Updated 2026-10-28 04:36 UTC · 1 independent source

One casualty of the surprise decision to hold the OCR was the New Zealand dollar, which plunged close to a cent against the US dollar in minutes after the announcement.

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  1. 2026-10-28 01:03 UTCRNZ · rnz.co.nz ↗

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