RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
BOJ Holds Interest Rates Steady, Upgrades Growth and Inflation Outlook for Japan 
Fed Confirms Rate Meeting Schedule Despite Severe Winter Storm in Washington D.C. 
South Africa Eyes ECB Repo Lines as Inflation Eases and Rate Cuts Loom 
The Reserve Bank of New Zealand did not cut its key rate yesterday night. However, its statement clearly suggests that the recent NZD appreciation is undesirable and might result in a rate cut after all if it is sustainable.
With the RBNZ remaining dovish, the upward potential of NZD-USD is probably limited, said Commerzbank in a research note on Thursday.
