RBNZ report: LVR limits to stay at least until late 2014

FXStreet (Bali) - The RBNZ Financial Stability report in New Zealand outlined that LVR limits will stay at least until late 2014, adding that these measures have been effective in slowing elevated house prices. The RBNZ report added that "highly leveraged dairy farmers are at risk of export price fall." With regards to NZ financial system, RBNZ believes is "in good shape, risks have reduced."