Kiwi rises on speculation over interest rate hikes

Source: Reuters
© Scanpix/RS
The New Zealand's currency advanced on Tuesday trading session rising against the U.S. Dollar amid speculation that the Reserve Bank of New Zealand may hike benchmark interest rates on the next policy meeting for the second time since the beginning of this year. The so-called Kiwi added as much as 0.3% to $0.8592 at the close.

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