Same Rate, Different Story: Why NZD Tumbled After the RBNZ Decision

Everyone and his momma knew the Reserve Bank of New Zealand (RBNZ) was going to hold rates steady this month, so why did the Kiwi drop sharply even when the central bank did as expected?

Same Rate, Different Story: Why NZD Tumbled After the RBNZ Decision

Everyone and his momma knew the Reserve Bank of New Zealand (RBNZ) was going to hold rates steady this month, so why did the Kiwi drop sharply even when the central bank did as expected?

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