OCR 3.5%

2014年7月24日 by freepapa in Investment

Reserve Bank of New Zealand announced that they raised OCR rate to 3.5% (0.25% up) this morning. However, they won’t increase OCR this year. So, Kiwi dollar fell sharply to US dollar and Japanese Yen. ANZ Bank will increase housing loan rates to 0.2% ~ 0.3% in a few days.