RBNZ investigating possible leak

The NZ dollar was seemingly unaffected by the possible leak

The Reserve Bank of New Zealand (RBNZ) has launched an external investigation into a potential leak ahead of its unexpected rate cut on March 10.

Michael Reddell, a blogger and former senior official at the central bank, said a contact of his, who does not work at the RBNZ, sent a note shortly before the decision was announced, saying there would be a cut.

Reddell forwarded the message, minus the name of the sender, to the RBNZ. On his blog he stressed: "The email in its own right is not

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