26.03.2019 23:00:03

New Zealand Rate Decision On Tap For Wednesday

(RTTNews) - The Reserve Bank of New Zealand will on Wednesday wrap up its monetary policy meeting and announce its decision on interest rates, highlighting a light day for Asia-Pacific economic activity.

The central bank is widely expected to keep its benchmark lending rate unchanged at the record low 1.75 percent.

China will provide February figures for industrial profits; in January, profits were down 1.9 percent on year.