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News 2026-10-15 02:05 UTC

Kiwi Dollar Edges Higher but Remains Near 2025 Lows

The New Zealand dollar rose to $0.561 on Thursday, having fallen to as low as $0.556 overnight, its weakest level since April 2025, after higher-than-expected US CPI data boosted the greenback. The report prompted traders to increase bets on another Federal Reserve rate hike later this month and a further increase in D