The RBNZ is likely going to increase the OCR on Wednesday. What is a likely scenario for the days after the hike?
Well, the cost of living will rise, as it did in the UK which has resulted in a weak pound movement against the major currencies. Whether the same would happen with the high-flying NZ dollar is debatable. Today’s Tokyo opening in the FX market is a weak NZD against all major currencies…
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Thanks for your answer Steve!
A few hours left!