Statement by Reserve Bank Governor Graeme Wheeler: The Reserve Bank today reduced the Official Cash Rate (OCR) by 25 basis points to 2.25 percent. The outlook for global growth ... Read More
RBI allows banks’ property values to be added to core capital Change in capital rules to align with Basel III standards: RBI State Bank of India shares surged the ... Read More
Australia finally appears to be getting over the end of the mining boom as new figures showed the economy growing at its fastest pace in nearly two years. The ... Read More
The Reserve Bank is consulting on a new asset class treatment for mortgage loans to residential property investors within its capital adequacy requirements. A primary purpose of the consultation ... Read More
The euro slipped with U.S. equity-index futures, while Treasuries rallied as Greek voters handed victory to a party that’s pledged to renegotiate the terms of an international bailout. Asian ... Read More
The New Zealand dollar may test a post-float record this week with second-quarter inflation figures likely to underline the Reserve Bank’s path to higher interest rates, though the currency ... Read More
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