The new RBNZ Policy Target Agreement is to be released at 9am New Zealand time, 2000GMT
- A new PTA, with a low unemployment objective added
This has been flagged and is expected, but there could be an fx impact nonetheless. I'd reckon any impact is likely to be small if anything, but a heads up.
Also due from NZ today, trade balance for February.
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The new Governor start work on Tuesday 27 March, Adrian Orr replacing Grant Spencer (Acting Governor)
