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RBNZ meeting: Talking down the kiwi?
The Reserve Bank of New Zealand will wrap up its policy meeting at 02:00 GMT Wednesday, and while no action is expected, the choice of language could be crucial. Recent developments in New Zealand have been encouraging, which alongside stronger risk appetite globally, have catapulted the kiwi much higher. So high in fact, that the RBNZ may be feeling a bit uncomfortable with its current levels. Will policymakers ‘talk down’ the currency? Virus free, ahead of schedule New Zealand is among the few nations that can say they’ve successfully eradicated the deadly virus, which is great news for everyone – including ... (full story)
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