RBNZ to investigate alleged OCR leak
Thursday, March 24th 2016, 5:10PM
The Reserve Bank has launched in investigation into an alleged leak of its recent Official Cash Rate announcement.
The bank says “an allegation has been made that information may have been leaked ahead of the Reserve Bank’s OCR announcement”.
It’s decision to cut the OCR 25 basis points to 2.25% took the market by surprise.
It has initiated an external investigation into the allegation using investigators from Deloitte.
They are covering several avenues of inquiry, including the media lock-up.
It says “the bank takes the integrity and security of market-sensitive information very seriously.”
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