UPDATE: NZ dollar gets a lift after RBNZ tad more upbeat

Wed, 26 Sep 2018

By Rebecca Howard Sept. 27 (BusinessDesk) - The New Zealand dollar lifted after central bank Governor Adrian Orr kept rates on hold and was slightly more upbeat without taking a possible rate cut off the table. "We expect to keep the official cash rate at this level through 2019 and into 2020. The direction of our next OCR move could be up or down," Orr said in a one-page statement. The wording was virtually identical to the prior statement in August although he was more optimistic about economic growth after GDP surprised to the up...

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