NZ dollar drops after OCR change

Apr 14, 2022 | Currency, Economy, Global Share Markets, Money Market

14.4.22 Global rates have shown further signs of stabilising overnight on hopes that inflation may be close to peaking, notes BNZ Markets. The US 10-year Treasury rate has fallen to around 2.68%, helping to boost equity markets and driving a fall in the USD, says Nick Smyth “Both the RBNZ and Bank of Canada have […]

 


 

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