NZD surges on RBNZ Rate Statement

Note: This section contains information in English only.
Source: Dukascopy Bank SA
On Wednesday, at 02:00 GMT the Reserve Bank of New Zealand released its Monetary Policy Statement and Rate Statement. The New Zealand policymakers voted to maintain the ongoing monetary policy unchanged and keep the Official Cash Rate at 0.25%.

In the meantime, the Bank announced that a rate hike could occur in late 2022.

Full Official Release

RBNZ Monetary Policy Statement



The event caused an a 58-pip jump on the NZD/USD currency exchange rate.
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