(RBNZ) OCR Unchanged at 2.5 Percent, 29 April 2010

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04-28-2010, 09:50 PM

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(RBNZ) OCR Unchanged at 2.5 Percent, 29 April 2010

The Reserve Bank today left the Official Cash Rate (OCR) unchanged at 2.5 percent. Reserve Bank Governor Alan Bollard said: "The New Zealand economy is recovering broadly as expected and growth is predicted to pick up further through 2010. "Trading partner activity has recovered more quickly than we expected. Growth...

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