In a decade New zealand inflation rose to the highest level. RBNZ announced a halt to its quantitative easing program earlier due to a surprise rebound in business confidence, a sharp rise in inflationary pressures and a tight labor market.
NZD had strengthened in May after the interest rate hike, but it was not enough to tackle inflation.
NZDCHF 24th MAY 2022
NZD had strengthened in May after the interest rate hike, but it was not enough to tackle inflation.
NZDCHF 24th MAY 2022
