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RBNZ keeps rates on hold

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RBNZ keeps rates on hold

In what was a surprise move to many, the New Zealand central bank has kept rates on hold because of the recent Covid-19 cases.

Prime Minister, Jacinda Ardern, yesterday issued a three-day nationwide lockdown and the Kiwi dollar suffered as a result. And, today there’s been no recovery from the lows. IGTV’s Jeremy Naylor looks at the chart.

https://www.ig.com/uk/market-insight-articles/rbnz-keeps-rates-on-hold-210818

NZ Central Bank Turns Dovish amid Monetary Easing Trend

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