New Zealand Dollar Rises Amid RBNZ Rate Hike Expectations
The New Zealand dollar strengthened against major currencies in Asian trading on Friday. Markets priced in an 85% chance of an RBNZ rate hike in upcoming policy meetings.
CANBERA (dpa-AFX) - The New Zealand dollar strengthened against other major currencies in the Asian session on Friday, amid growing expectations of a Reserve Bank of New Zealand (RBNZ) rate hike in the upcoming monetary policy meetings.Markets currently price in an 85% chance that the RBNZ will inc…