RBNZ: Work on unconventional policy is at a very early stage – Bloomberg
|Early on Tuesday, Bloomberg came out with a report quoting the Reserve Bank of New Zealand (RBNZ).
Key quotes
- Looking at refreshing unconventional policy strategy.
- Unconventional policy work 'at very early stage'.
FX implications
While RBNZ has already said that it was only a response to an official information request, statements favor the New Zealand central bank’s support for unconventional monetary policy and can be taken to selle the Kiwi.
Also read: NZD/USD clings to 0.6760 amid greenback strength, lack of fresh catalysts
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.