New Zealand central bank cuts interest rate to new record low 1.75 percent
Source: Xinhua   2016-11-10 07:13:32

WELLINGTON, Nov. 10 (Xinhua) -- New Zealand's central bank on Thursday cut 25 basis points off its official interest rate, taking it to a record low of 1.75 percent, citing heightened political uncertainty, market volatility and a weak global economy.

Editor: Hou Qiang
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New Zealand central bank cuts interest rate to new record low 1.75 percent

Source: Xinhua 2016-11-10 07:13:32
[Editor: huaxia]

WELLINGTON, Nov. 10 (Xinhua) -- New Zealand's central bank on Thursday cut 25 basis points off its official interest rate, taking it to a record low of 1.75 percent, citing heightened political uncertainty, market volatility and a weak global economy.

[Editor: huaxia]
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