Kiwi leaps to pre-US election levels after higher than expected CPI data
The leap in the kiwi dollar relative to the Aussie “certainly puts the parity party back into play,” one analyst says.
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The New Zealand dollar jumped sharply against the Aussie and US dollars following this morning’s higher-than expected inflation figures.
Consumer price index (CPI) inflation hit 1.3% for the year to December, rising 0.4% in the December quarter – ahead of most economists’ expectations.
The
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Jason Walls
Thu, 26 Jan 2017
Thu, 26 Jan 2017
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Kiwi leaps to pre-US election levels after higher than expected CPI data
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