Kiwi dollar plummets against Aussie – expect further drops
The cherry on top of this cross rate cake was yesterday's Australian retail sale figures.
NZIER economist Christina Leung says the RBNZ won't cut the OCR below 2.5%
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The kiwi dollar has dropped four cents in four days against the Aussie, all but eliminating the prospects of parity sparked earlier in the week.
The New Zealand dollar climbed as high as 95c against
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Jason Walls
Thu, 05 Nov 2015
Thu, 05 Nov 2015
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Kiwi dollar plummets against Aussie – expect further drops
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