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Kiwi Dollar Plunges as Reserve Bank Holds OCR at 2.75%
Kiwi Dollar Plunges as Reserve Bank Holds OCR at 2.75%
NZ Dollar Falls Below 80 Australian Cents
The New Zealand dollar plunged against the Australian and US dollars on Wednesday, October 28, after the Reserve Bank unexpectedly held the Official Cash Rate (OCR) at 2.75%, despite widespread expectations of an increase. As of approximately…
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