March 15, 2020 / 6:49 PM / 20 days ago

NZ central bank to make unexpected announcement at 1900 GMT

WELLINGTON, March 16 (Reuters) - The Reserve Bank of New Zealand (RBNZ) said it would make an announcement at 1900 GMT.

It said the announcmenet would be published through usual channels, but no further details were provided.

ANZ Bank said it expected RBNZ to announce an emergency 50 basis points interest rate cut. (Reporting by Praveen Menon; Editing Alexander Smith)

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