WELLINGTON, April 14 (Reuters) - The Reserve Bank of New...

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    WELLINGTON, April 14 (Reuters) - The Reserve Bank of New Zealand (RBNZ) held its official cash rate (OCR) at 0.25% in a widely expected decision on Wednesday.

    The Reserve Bank of New Zealand (RBNZ) also retained its large scale asset purchase (LSAP) programme at NZ$100 billion ($70.55 billion). The Funding for Lending Programme (FLP) operation was unchanged.

    Economists in a Reuters poll had unanimously expected the RBNZ to hold rates.

    ($1 = 1.4174 New Zealand dollars) (([email protected]; +6448028163; Reuters Messaging: [email protected]; Twitter: https://twitter.com/Journopraveen))

 
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