NZD/CAD Surges as RBNZ Hikes OCR by 25bps to 2.50%, First Hike in 3 Years
() -- The New Zealand dollar surged against the US dollar on Wednesday as the Reserve Bank of New Zealand raised its Official Cash Rate by 25 basis points to 2.50%, as widely expected, its first hike since 2023, lifting the kiwi against the USD despite holding support from the safe-haven appeal. In Wednesday's G10 trad