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PrimeXBT Lead Analyst Kim Chua: Hawkish Central Bank and Hot Inflation Numbers To Propel New Zealand Dollar Higher
Bnking July 27, 2021

PrimeXBT Lead Analyst Kim Chua: Hawkish Central Bank and Hot Inflation Numbers To Propel New Zealand Dollar Higher

The New Zealand Dollar is the talk of the town after the RBNZ surprised markets during their regular interest rate policy meeting. While RBNZ kept rates unchanged at 0.25%, the central bank abruptly ceased its quantitative easing altogether, prompting traders to start pricing in an earlier rate hike from the Kiwi.