Like the Reserve Bank of Australia before it, the RBNZ has cut the official cash rate by 100 basis points. Kiwi had be weak all day but extended its slide late in NY, reaching 0.5810. This is the same Kiwi dollar that at 78 cents last spring.
Like the Reserve Bank of Australia before it, the RBNZ has cut the official cash rate by 100 basis points. Kiwi had be weak all day but extended its slide late in NY, reaching 0.5810. This is the same Kiwi dollar that at 78 cents last spring.