New Zealand cuts basic interest rate to help with earthquake recovery

Thursday, March 10th 2011 - 22:26 UTC

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New Zealand's central bank has cut the cost of borrowing to try to reduce the economic impact of the earthquake in Christchurch, the country's second largest city. The Reserve Bank of New Zealand cut the key interest rate 0.5 points to 2.5%. Read full article

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briton
You have our deepest sympathy, our thoughts are with you.
Christchurch was a great place, and will be again,
we hear the city will be rebuilt, from all the British, may god go with you .
Mar 10th, 2011 - 11:29 pm - Link - Report abuse 0
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