After the earthquake of Christchurch in New Zealand, New Zealand Central Bank cut interest rate by 50 basis points, while Japan's interest rate has been zero.

新西兰基督城地震过后，新西兰央行降息50个基点，但日本利率已经为零。

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The economy is probably in its fifth quarter of recession and the Royal bank of Canada thinks the New Zealand central bank may have to resort to foreign-exchange intervention.

该国的经济很可能处于进入衰退的第五个季度，加拿大皇家银行认为，新西兰央行逼不得已可能也会诉诸于外汇干预。

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The Reserve bank of New Zealand has been publishing interest-rate forecasts since 1998. In 2005 Norges bank, the Norwegian central bank, began projecting rates three years ahead.

新西兰储备银行自1998年起就开始公布其利率预测，而挪威央行则在2005年开始预测3年内的利率。

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The economy is probably in its fifth quarter of recession and the Royal Bank of Canada thinks the New Zealand central bank may have to resort to foreign-exchange intervention.

ECONOMIST: The terrible temptation to depreciate

As well as lowering business costs, direct convertibility may pave the way for New Zealand's central bank to diversify some of its foreign-exchange assets into Chinese government bonds.

WSJ: New Zealand, China in Talks on Convertibility of Currencies

For example, in New Zealand, the central bank governor's job and rumored bonus are dependent on achieving numerical inflation targets, which are set by policy-makers in a transparent process.

CNN: Emotional Indicators