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EconomyNew Zealand dollar tumbles after central bank defies near-certain rate-hike bets

The New Zealand central bank defied markets’ near-certainty that it would raise rates, sending the currency lower. The New Zealand dollar has fallen almost 5% against the U.S. dollar in six months.

New Zealand central bankNew Zealand dollarinterest ratescurrency

CCNBC★★☆☆☆2026-10-28 12:36Original

New Zealand dollar tumbles after central bank defies near-certain rate-hike bets
New Zealand dollar tumbles after central bank defies near-certain rate-hike betsEconomy