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RBNZ corrects errors in NZD TWI calculation ('minor')

RBNZ corrects errors in NZD TWI calculation ('minor')

Central Banks
Eamonn Sheridan
07/03/2018 | 02:10 GMT

The Reserve Bank of New Zealand has found errors in its calculation of the trade weighted index for the NZD

  • The Bank says it applied incorrect weights to EUR and GBP
  • Have corrected it now, the correction is minor

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