Financial markets looking for vital policy signals in the Reserve Bank of New Zealand’s six-weekly official cash rate announcements are first faced with three words: Tēna koutou katoa.
It’s a greeting from governor Adrian Orr in the indigenous Māori language, meaning “welcome all”. Orr is equally polite in his use of te reo (Māori language), ending his statements with meitaki – “thank you”.
Of half-Irish, half-Cook Island ancestry, Orr was brought up in the central North Island of New Zealand
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