RBNZ Orr: Financial system not been tested as severely as it could have been

<p>RBNZ Governor Adrian Orr said the New Zealand economy has been “relatively resilient” to the economic shock from the pandemic so far. The financial system “has not been tested as severely as it could have been”. However, he warned, “businesses domestically and internationally face ongoing challenges as fiscal support measures unwind, which will lead to […]</p>
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