Aussie-Kiwi Rates Split Drives Biggest Currency Move in 9 Years
New Zealand’s dollar slid the most in nine years against its Australian peer after the smaller nation’s central bank unexpectedly kept policy rates on hold, while cost pressures across the Tasman accelerated.
<p>New Zealand’s dollar slid the most in nine years against its Australian peer after the smaller nation’s central bank unexpectedly kept policy rates on hold, while cost pressures across the Tasman accelerated.</p>