Kiwi dollar drops sharply on rate cut
Further falls seen likely amid dovish RBNZ stance.
Rob Hosking talks about the OCR cut on NBR Radio, and on demand on MyNBR Radio.
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The New Zealand dollar dropped quickly on the news of the Reserve Bank’s official cash rate cut this morning, falling almost 2USc to US70.19c
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Tim Hunter
Thu, 11 Jun 2015
Thu, 11 Jun 2015
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Kiwi dollar drops sharply on rate cut
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