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News 2026-10-08 04:53 UTC

New Zealand Dollar Stays Weak

The New Zealand dollar traded near its weakest level since November 2025, at $0.560, pressured by a firm US dollar. The greenback hovered near a year-and-a-half high after hawkish FOMC minutes and elevated Treasury yields. Concerns about New Zealand’s fragile economic recovery amid high fuel prices and geopolitical ris