Trading was relatively subdued with US markets closed for the Columbus Day holiday.
Bank of England also cuts growth and inflation forecasts.
The NZ currency has underperformed against most of its major trading partners.
Theresa May's call for a snap election has sent the kiwi to a seven-and-a-half-month low.
Join NZForex's Mitchell McIntyre and NBR's Jason Walls for Currency Talk. With special feature audio.
Join NZForex's Alex Hill and NBR's Jason Walls for Currency Talk. With special feature audio.
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