New Zealand cuts rates 50 bps, kiwi tumbles as markets bet on more aggressive easing
New Zealand's central bank slashed rates by 50 basis points on Wednesday and said policy is still restrictive even though inflation has returned to target, a clear dovish signal that sent the kiwi dollar skidding as markets bet on more easing.
The Reserve Bank of New Zealand lowered the cash rate by 50 basis points on Wednesday to 4.75%. The RBNZ cut rates by 25-bps ...
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The New Zealand dollar lost ground overnight as tensions rose in the Middle East.The kiwi was trading at 62.99 US cents at ...
The government recorded a budget deficit of NZ$12.85 billion ($7.79 billion) for the fiscal year ending June 30, 2024, larger ...
The dollar is on track for its longest run in more than two years as US economic resilience forces traders to rethink their ...
This may be a thing of the past, given that the New Zealand dollar is now, for the first time in decades, trading almost at parity with the Aussie dollar. At the time of writing one New Zealand ...
Q: What is the New Zealand Dollar worth against the Euro? A: One New Zealand Dollar is worth 0.5583 Euros today Q: Is the New Zealand Dollar going up or down against the Euro? A: Today's ...
Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.
A vision of New Zealand as a launching pad for Western imperialism in the Pacific was present in the minds of British ...
Welcome to the 2024 NZD AUD history summary. This is the New Zealand Dollar (NZD) to Australian Dollar (AUD) exchange rate history data page for the year of 2024, covering 274 days of NZD ...
“Markets are largely expecting the RBNZ to quicken the pace of rate cut to 50bp each at the remaining 2 MPCs for the year and ...
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