RBNZ sits still with OCR, LSAP and FLP, giving a tacit green light to further rises in wholesale interest rates and the currency; NZ$ rises to near-four-year high of 74 USc this morning
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Dawn chorus: Monetary conditions tighten
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RBNZ sits still with OCR, LSAP and FLP, giving a tacit green light to further rises in wholesale interest rates and the currency; NZ$ rises to near-four-year high of 74 USc this morning