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Markets

NZ dollar falls after RBNZ rate decision

WELLINGTON : The New Zealand dollar fell and debt rose on Thursday after the Reserve Bank of New Zealand left rate
Published September 14, 2011

New _ZealandWELLINGTON: The New Zealand dollar fell and debt rose on Thursday after the Reserve Bank of New Zealand left rates on hold as expected, but warned that rates would rise if global risks stay mild.

The kiwi fell to about $0.8190 from around $0.8220 before the statement.

Interest rate futures rose up to four points.

 

Copyright Reuters, 2011

 

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