New Zealand's central bank to issue economic update

July 14, 2016 5:01 AM

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WELLINGTON, July 14 The Reserve Bank of New Zealand (RBNZ) said on Thursday it will issue an economic update next week ahead of its August cash rate decision.

The update, due July 21, is an unusual move for the central bank, which has not provided such releases as part of its regular communication strategy in recent history.

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