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NZD Collapses Amid Rate Cut Speculation

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Jul 19, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    The New Zealand dollar took another hit on Tuesday as the RBNZ paved the way for a rate cut in August. The Reserve Bank of New Zealand proposed adjustments to restrictions on high-LVR residential mortgage lending aimed at protecting the country’s financial stability against a bubbling housing market. The central[​IMG]

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