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NZD tumbles amid dovish RBNZ

Posted by: NZD Editor in NZD May 11, 2017

The New Zealand dollar tumbled 1.20% during the Asian session after the RBNZ surprised the market with a dovish statement. The Kiwi slid to 0.6718 against the greenback, its lowest level since June 3rd last year. The central bank held the Official Cash …
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