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A security guard stands outside the main entrance to the Reserve Bank of New Zealand located in central Wellington, New Zealand, July 3, 2017. REUTERS/David Gray
New Zealand's central bank says banks likely to withstand stagflation
Banks were "well placed" to overcome stagflation.
31 October 2022
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Oct 31 (Reuters) - The Reserve Bank of New Zealand said on Monday its annual stress test on the banking sector showed banks were "well placed" to overcome stagflation.
