Michael Plank, University of Canterbury; Shaun Hendy, University of Auckland, and Siouxsie Wiles, University of …
Read More »NZ dollar climbs above 84 US cts after RBA keeps rates at 3 percent, says more scope to cut
The New Zealand dollar rose above 84 US cents after the Reserve Bank of Australia kept its benchmark interest rate at 3 percent as the nation’s spending picks up from a lull, and said it has scope to cut it need be. The kiwi rose to 84.03 US cents at 5pm in Wellington from 83.75 cents at 8am and 83.52 …
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