New Zealand dollar tanks after central bank defies markets' near-certainty it would hike rates

Source: cnbc October 28, 2026 · 05:52
New Zealand dollar tanks after central bank defies markets' near-certainty it would hike rates
Photo by DΛVΞ GΛRCIΛ · Pexels
From the publisher
The currency has lost almost 5% against the U.S. dollar in six months.
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The Consumer News and Business Channel (CNBC) is an American business news channel owned by Versant. The network broadcasts live business news and analysis programming during the morning, daytime business day, and early-evening hours, with the remaining hours filled by business-related documentaries and reality television programming, as well as occasional sports presentations from USA Sports. CNBC operates an accompanying financial news website, CNBC.com, which includes news articles, video and…

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About New Zealand

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Capital
Wellington
Region
East Asia & Pacific
Income level
High income
ISO code
NZL
Data: World Bank

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