New Zealand DLR slips as RBNZ looks to suck more bonds – Marketscreener.com

SYDNEY, Aug.12 (Reuters) – The New Zealand dollar fell to a one-month low on Wednesday after the country’s central bank surprised many by extending its bond-buying campaign while warning that it was actively considering cutting rates below zero to support the economy.

The Reserve Bank of New Zealand has announced that it now plans to buy NZ $ 100 billion ($ 65.59 billion) in government bonds,…

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