In all the turmoil yesterday, RBNZ Governor Orr stepped down immediately in a surprise move. The market would be buzzing with talk about that if not for all the other drama.
Hawkesby is the acting governor until the end of the month and then a temporary replacement will be appointed.
Given the hasty exit, I’m sure the rumors will be flying.
This article was written by Adam Button at www.forexlive.com.
