*Positive Reaction*
- Reserve Bank of New Zealand (RBNZ) welcomed the move
- NZX 50 Index rose 0.5%
- Banking and finance stocks gained
- May support the export sector and attract investors to NZ's higher-yielding assets
*Cautious Outlook*
- RBNZ may maintain interest rates at 3.5%
- Potential for future rate cuts in 2024
- Depends on global economic conditions and domestic growth
*Market Impact*
- NZD initially fell, then recovered against USD
- Investors await RBNZ's next move
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- Happiness.·09-19 17:56TOPHi sis do you invest anything in Nz market ?LikeReport