Wednesday, October 16, 2019

New Zealand dollar has not reacted

The New Zealand dollar has not reacted to the report on the financial stability of the RBNZ

A pair of New Zealand dollar / US dollar before the start of the current session, rose to 0.7132 against the weakening US dollar. The New Zealand dollar has largely ignored the November Financial Stability Report of the Reserve Bank of New Zealand. The report stated that the New Zealand financial system faces three key risk factors: vulnerability in the housing market, the pressure associated with bank financing, and debt in the dairy products sector.





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