New Zealand dollar weakens after RBNZ rate-hike signals
NZD weakened against major currencies in the Asian session after the RBNZ delivered back-to-back rate hikes to contain inflation and signaled further tightening ahead.
CANBERA (dpa-AFX) - The New Zealand dollar weakened against other major currencies in the Asian session on Wednesday, after the Reserve Bank of New Zealand delivered back-to-back rate hikes to contain inflation and also signaled additional tightening ahead.The Monetary Policy Committee, governed by…