You are here

CURRENCIES

NZ$ sinks on central banker's comments

NZDP6456.jpg
The New Zealand dollar was the biggest mover on major currency markets on Thursday, sinking 1.5 per cent after a senior central banker pointed to the need for lower, not higher, interest rates.

London

THE New Zealand dollar was the biggest mover on major currency markets on Thursday, sinking 1.5 per cent after a senior central banker pointed to the need for lower, not higher, interest rates.

The US dollar continued to struggle for momentum, trading in the middle of a...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes