Private DCN Private DCN - Worldwide

New Zealand cuts interest rates

By Ricky Bean August 11th, 2016

Overnight, the Reserve Bank of New Zealand (RBNZ) cut interest rates by 0.25% to 2.00% as was widely anticipated in the market. The comments that then followed suggested that further cuts were likely, but did not provide a timeframe for the next cut.

Are you looking to buy or sell currencies? Contact your trader now for live rates, news and currency purchasing strategies.