NZ’s international traders pay the price of RBNZ keeping rates on hold
A number of stocks exposed to the New Zealand dollar fell last week including Air New Zealand, Kathmandu and Xero. With special feature audio.
The fallout from the Reserve Bank’s decision last Thursday to keep its official cash rate (OCR) on hold was savage from the point of view of the nation’s international traders.
The New Zealand dollar jumped 3.3% against the Australian dollar and 1.9% against the US dollar last week and is now up
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Jenny Ruth
Mon, 02 May 2016
Mon, 02 May 2016
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NZ’s international traders pay the price of RBNZ keeping rates on hold
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