RBNZ’s Orr: Exchange rate has been "remarkably well behaved in recent times"

Further comments out from the Reserve Bank of New Zealand (RBNZ) Governor Adrian Orr, this time speaking on the currency and inflation in his presser.

The FX rate has been remarkably well behaved in recent times.

Inflation expectations are well anchored.

Open minded on capital requirement submissions.

Proposed bank capital levels well within norms.

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