How does the OCR actually affect interest rates? :: New Zealand Property Investors Federation
The main tool of monetary policy in New Zealand is the Official Cash. Rate (OCR) , which is the interest rate on overnight borrowing and lending between banks. The OCR is actually the interest rate for overnight transactions between banks. Among other things, the Reserve Bank acts as the central bank. sharply since the OCR's introduction. This paper explores the relationship between the OCR, money market interest rates and financial intermediaries' lending.
- Это и есть ключ к шифру-убийце. Разница между критическими массами.
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