New Zealand Keeps Cash Rate Record Low

Source: Bloomberg
N.Z. central bank holds nation's benchmark interest rate stable at 2.5 for an 11-th straight meeting. Governor Alan Bollard reports that domestic economy is expected to "grow modestly over the next few years" led by the growth in construction industry due to the rebuilding of earthquake-hit. The comment has immediately strengthened the Kiwi, to be bought 79.10 U.S. cents.

Actual Topics

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX 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.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
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.