💱New Zealand Dollar/US Dollar FX Spot Rate
NZDUSD
▲ PositiveMonetaryrelevance
RBNZ delivered first rate hike in three years, strengthening NZD
The NZD/USD pair rallied strongly to the 0.5710-0.5715 area after the Reserve Bank of New Zealand raised interest rates for the first time in three years. The hawkish decision propelled the pair above the 0.5700 mark during Asian trading on Wednesday.
RBNZ delivered first rate hike in three years, strengthening NZD