Kiwi declines as Reserve Bank is unlikely to raise interest rates

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/Reuters
The kiwi depreciated versus all its 16 major counterparts following weekly decrease to 1.4%, as New Zealand's central bank is unlikely to increase borrowing costs, a measure that could boost the currency and negatively affect the exports. The New Zealand's currency slipped 0.3% to NZ$1.1540 per Australian Dollar at 4:52 pm in Sydney, while it weakened 0.4% to 83.23 U.S. cents, after reaching 82.98, the weakest since October 14.
Back to articles

Actual Topics

Subscribe to "Fundamental Analysis" feed

订阅
欲了解更多有关杜高斯贝银行差价合约/外汇交易平台，SWFX和其它相关交易详情，
请致电我们或要求回电。
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
欲了解更多有关杜高斯贝银行差价合约/外汇交易平台，SWFX和其它相关交易详情，
请致电我们或要求回电。
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.