Kiwi rises on RBNZ comments

Source: WBP Online
© ScanPix/Reuters
The New Zealand Dollar jumped against the Greenback after the comments of the RBNZ Governor Wheeler, who is satisfied by the performance of economy. Wheeler added that although the Kiwi weakness is required to maintain further growth of domestic economy, there is no necessity in massive OCR cut in the nearest future. Meanwhile, The NZD/USD pair edged 0.3% higher at $0.6704.

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