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NZD/USD has been smashed lower on the RBNZ cash rate hold decision

NZD/USD has been smashed lower on the RBNZ cash rate hold decision

Central Banks
Eamonn Sheridan
28/02/2024 | 01:11 GMT

The Reserve Bank of New Zealand left its cash rate at 5.5%. There were some expectations (a minority) of a rate hike. Nope.

NZD/USD has taken a hit:

nzd usd rbnz ocr unchanged 28 February 2024 2

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