The Reserve Bank of New Zealand (RBNZ) has surprised financial markets on Wednesday by slashing its official cash rate by 50 ...
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RBNZ surprises with larger rate cut, sparking currency drop
The central bank reduces rates by 50 basis points and signals readiness for further reductions to support economic growth.
As we look towards this week, the Pound New Zealand (GBP/NZD) exchange rate will likely be primarily driven by the publication of the UK’s preliminary PMIs for September. Scheduled for release on ...
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