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Search ResultsShowing 11 - 20 of 20 results for "OCR"
CBA innovates to help customers avoid late fees
... able to pay their bills by taking a photograph of the bill while using the CommBank app. Using optical character recognition (OCR) technology, BPAY information fields are prepopulated using the details captured in the photograph to increase efficiency. ...
RBNZ tries to turn the turn in NZ economy
... percent target range ... further depreciation is necessary given the weakness in export commodity prices." "A reduction in the OCR is warranted by the softening in the economic outlook and low inflation. At this point, some further easing seems likely." ...
You go NZ
... December from 1.0% in the March and June quarters of the same year. Is there more to come? "The speed and extent to which the OCR will be raised will depend on economic data and our continuing assessment of emerging inflationary pressures." How much ...
Down, down interest rates are down
... - the yield curve. Sadly, those looking for a re-acceleration in economic activity the same way it did after 2009 when the OCR was at these levels should prepare for disappointment. This is because yesterday's move by the RBA has only shifted the yield ...
Market Wrap - Morning
AAP  |  THURSDAY, 10 MAR 2011
... markets in Asia today as investors waited to see if the Reserve Bank of New Zealand (RBNZ) will cut the official cash rate (OCR) on Thursday. The benchmark NZX-50 index closed down 6.748 points, or 0.197 percent, at 3,414.424. Turnover was worth $NZ157.2 ...
Market Wrap - Morning
AAP  |  TUESDAY, 8 MAR 2011
... Zealand on Thursday, making investments in shares more attractive. Many economists are expecting the Reserve Bank will cut the OCR from three per cent to 2.5 per cent on Thursday, and today Prime Minister John Key said a cut in the rate would probably ...
Market Wrap - Morning
AAP  |  FRIDAY, 11 SEP 2009
... Zealand sharemarket held its gains from early trade after Reserve Bank Governor Alan Bollard left the official cash rate (OCR) unchanged. The benchmark NZSX-50 index added 10.27 points, or 0.33 per cent, to 3126.68.
Market Wrap - Morning
AAP  |  THURSDAY, 24 APR 2008
... trading. Early today, the NZ Reserve Bank decided to keep official interest rates on hold, keeping its official cash rate (OCR) at 8.25 per cent, its level since last July.
New Zealand central bank lifts interest rates 25 basis points
... reasons for not lifting interest rates yesterday and then lifted them anyway, an economist says. Lifting the official cash rate (OCR) by 25 basis points to 5.5% yesterday, RBNZ governor Alan Bollard said he could not rule out further rate rises this ...
New Zealand Reserve Bank keeps interest rate on hold
... cycle has hit a wall due to the housing market boom. Dr. Allan Bollard, the bank governor, today left the official cash rate (OCR) unchanged at 5 per cent despite a cooling economy, slowing migration and barely perceptible inflation. "That's all folks," ...
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