Reserve Bank of New Zealand Announces Emergency Rate Cut To Support Economy Amid Coronavirus Outbreak

WELLINGTON, NEW ZEALAND - MARCH 16: Reserve Bank Governor Adrian Orr speaks during a press conference at the Reserve Bank of New Zealand on March 16, 2020 in Wellington, New Zealand. The New Zealand Reserve Bank has cut its official cash rate of 1 percent to a record low 0.25 percent in a bid to help support the economy against the impact of the COVID-19 pandemic. (Photo by Hagen Hopkins/Getty Images)
WELLINGTON, NEW ZEALAND - MARCH 16: Reserve Bank Governor Adrian Orr speaks during a press conference at the Reserve Bank of New Zealand on March 16, 2020 in Wellington, New Zealand. The New Zealand Reserve Bank has cut its official cash rate of 1 percent to a record low 0.25 percent in a bid to help support the economy against the impact of the COVID-19 pandemic. (Photo by Hagen Hopkins/Getty Images)
Reserve Bank of New Zealand Announces Emergency Rate Cut To Support Economy Amid Coronavirus Outbreak
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Credit:
Hagen Hopkins / Stringer
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Getty Images News
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16 March, 2020
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