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Royal Bank of New Zealand
Bank of New Zealand
Bank/credit union in Auckland, New Zealand
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20 Victoria Street Devonport Auckland 1309
+64 9 445 2101
rbnz.govt.nz
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Frequently asked questions
Q:
Why are interest rates still high and how quickly will they decline?
A:
We increased interest rates between 2021 and 2023 in response to high inflation.
A:
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