{"id":28493,"date":"2019-06-26T10:18:26","date_gmt":"2019-06-26T14:18:26","guid":{"rendered":"https:\/\/newsmovesmarketsforex.com\/?post_type=glossary&p=28493"},"modified":"2019-06-26T10:21:46","modified_gmt":"2019-06-26T14:21:46","slug":"ocr","status":"publish","type":"glossary","link":"https:\/\/newsmovesmarketsforex.com\/glossary\/ocr\/","title":{"rendered":"OCR"},"content":{"rendered":"<p>OFC- Official Cash Rate New Zealand and Australian Central banks use this term to for the various country bank rate of interest whereby the <a class=\"glossaryLink\" title=\"Glossary: RBNZ\" aria-describedby=\"tt\" data-cmtooltip=\"<div class=glossaryItemTitle>RBNZ<\/div><div class=glossaryItemBody>RBNZ - Reserve Bank of New Zealand governor sets the official cash rate of New Zealand which affects the overall country monetary currency valuation.<\/div>\" href=\"https:\/\/newsmovesmarketsforex.com\/glossary\/rbnz\/\" target=\"_blank\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex='0' role='link'>RBNZ<\/a> or the RBA central bank predetermines the amount of interest to be charged for overnight loans to commercial banks within the perspective country.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>OFC- Official Cash Rate New Zealand and Australian Central banks use this term to for the various country bank rate of interest whereby the <a class=\"glossaryLink\" title=\"Glossary: RBNZ\" aria-describedby=\"tt\" data-cmtooltip=\"<div class=glossaryItemTitle>RBNZ<\/div><div class=glossaryItemBody>RBNZ - Reserve Bank of New Zealand governor sets the official cash rate of New Zealand which affects the overall country monetary currency valuation.<\/div>\" href=\"https:\/\/newsmovesmarketsforex.com\/glossary\/rbnz\/\" target=\"_blank\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">RBNZ<\/a> or the RBA central bank predetermines the amount of interest to be charged for overnight loans to commercial banks within the perspective country.<\/p>\n","protected":false},"author":1,"featured_media":0,"menu_order":0,"template":"","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_mo_disable_npp":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"class_list":["post-28493","glossary","type-glossary","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>OCR - 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