Currencies News

Kiwi Slides Most in Six Months on RBNZ Warning; Aussie Climbs

New Zealand’s dollar slid the most in six months after its central bank warned of the potential for a “significant fall” in the kiwi. Australia’s currency rose to a three-week high as Chinese manufacturing beat estimates.

Wheeler Signals Pause in World-Leading RBNZ Rate Tightening

New Zealand’s central bank signaled a pause in the developed world’s first round of interest-rate increases this year as the nation’s soaring currency curbs inflation. The kiwi dollar tumbled the most in six months.

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