New Zealand Dollar Weakens on Interest Rates Outlook
The New Zealand dollar retreated today after a dovish statement from Alan stall, and the Governor of the Central Bank in New Zealand, and suggested that the central bank will keep interest rates unchanged.
Pollard said that the worst earthquake in 80 years, “disruption of economic activity significantly and is likely to continue to do so for some time.” The statement, which was more dovish than traders expected, and sent a bet on higher interest rates
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