New Zealand Reserve Bank raises rates to 2.75 percent

By David Olsen · 10 June 2010 · Cashflow

Rate Hike Alert: NZ Interest Rates on the Rise

The Reserve Bank of New Zealand has made a significant move, but what does it mean for your cash flow? Find out why this rate hike is a game-changer for Kiwi investors.

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Summary

The Reserve Bank of New Zealand today increased the Official Cash Rate by 25 basis points to 2.75 percent, the first increase in interest rates for New Zealand since 26 July 2007.

Tags: Alan Bollard, New Zealand, Reserve Bank