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General TradingR
Reserve Bank of New Zealand (RBNZ)
The central bank of New Zealand responsible for monetary policy, maintaining price stability, and promoting a sound financial system. It sets the Official Cash Rate (OCR) to manage inflation and economic growth.
Example
“The RBNZ's decision to cut the OCR by 50 basis points sent NZD/USD tumbling 1.2% as the larger-than-expected cut signaled concern about the domestic economic outlook.”