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POPSTrading the Reserve Bank of New Zealand Rate Decision The Reserve Bank of New Zealand will announce its interest rate decision at 8:00 pm London time on December 7th. The RBNZ is expected to hold interest rates on hold at 2.5%. New Zealand continues to attract a lot of risk capital from investors looking for a higher yield. The New Zealand economy has not been touched by a housing crisis like the U.S. or a sovereign debt crisis like in Europe. The New Zealand economy depends on exports of dairy, wool and meat. The effects of earthquake in Christchurch earlier this year still shows up in economic releases.
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