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RBNZ Orr: New Zealand has capacity to respond to coronavirus impact

Additional comments are crossing the wires from the Reserve Bank of New Zealand (RBNZ) Governor Adrian Orr, as he continues to speak about their readiness to counter the impact of the coronavirus outbreak on the economy.

Key comments

Lower bound for interest rates could be in negative territory but for now hard to ascertain anything.

New Zealand has capacity to respond to coronavirus impact.

  • RBNZ's Orr: 50 bps rate cut last year has bought us an enormous amount of time

US Dollar Index looks firmer, approaches 96.00

The US Dollar Index (DXY), which gauges the buck vs. a bundle of its main competitors, is trading on a better footing and approaching the key 96.00 ba
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BOJ’s Kuroda: Recent yen rises are driven largely by demand for safe-haven yen

The Bank of Japan (BOJ) Governor Kuroda said on Tuesday, recent yen rises are driven largely by demand for safe-haven yen as risk sentiment worsens am
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