RBNZ Welcomes A Weaker Kiwi

RBNZ Welcomes A Weaker Kiwi: The New Zealand dollar has dropped 6.4% against its US counterpart over the past six months, the worst performance among the 10 most-traded currencies. That has coincided with monetary policy easing in New Zealand as well as the election of Donald Trump as US President, which has pushed up US interest rates and made the greenback more appealing

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