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News 2026-09-17 01:16 UTC

New Zealand Dollar Holds Decline on Hawkish Fed

The New Zealand dollar traded around $0.571, an over two-month low, amid a hawkish US Federal Reserve, while investors assessed GDP data at home. The Fed raised interest rates for the first time in three years, bringing the target range to 3.75%-4.00%, and signaled that another hike was likely before year-end, boosting