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RBNZ – Won’t implement debt-to-income policy in the current market conditions

A consultation paper published by the Reserve Bank of New Zealand (RBNZ) says the central bank would not implement the debt-to-income policy in the current housing market conditions, but considers it as a useful tool in the future.

PBOC sets the Yuan reference rate at 6.7930

The People's Bank of China (PBOC) set the Yuan reference rate at 6.7930 vs. Wednesday's fix of 6.7858. .
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Australia Imports down to -1% in April from previous 5%

Australia Imports down to -1% in April from previous 5%
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