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The New Zealand dollar has dropped to its lowest value since August, driven by increased expectations of interest rate cuts in the country and growing apprehension regarding economic conditions in ...
The Australian and New Zealand dollars took a hit as skepticism rose over China's stimulus measures. Cooling inflation in New Zealand bolstered expectations of a rate cut, while the U.S. dollar ...
New Zealand’s dollar sank to the weakest level since August as a double whammy of bigger interest-rate cut bets in the nation and souring sentiment toward China weighed on the currency.