RBNZ's Orr welcomes decline in retail interest rates

Ross J Burland FXStreet

The Reserve Bank of New Zealand's governor, Adrian Orr, welcomes decline in retail interest rates, saying "now is not the time for credit crunch to develop".

The central bank has just released the June 2020 Statement Of Intent.

Meanwhile, risk on is donating the charts and has lifted the kiwi to a fresh session high of 0.6427.

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Ross J Burland

FXStreet

Ross J Burland, born in England, UK, is a sportsman at heart. He played Rugby and Judo for his county, Kent and the South East of England Rugby team.

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