Kiwi plumbs four-week low after RBNZ's policy meeting
Economies.com
2018-02-08 02:49AM UTC
The New Zealand dollar fell on Thursday for the second straight session to a four-week low after the Reserve Bank of New Zealand voted to hold interest rates and monetary policy steady in its last policy meeting.
NZD/USD fell to 0.7201 from the opening of 0.7234, with an intraday high at 0.7236, and a low at 0.7193.
The RBNZ held interest rates steady at 1.75%, as inflation in New Zealand remains below the bank's target.
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