NZ dollar struggles under tariff shadow, RBNZ in spotlight

(Image: Depositphotos)

Wed, 09 Jul 2025

The New Zealand dollar is weighed by ongoing tariff uncertainty, but the focus will shift, at least temporarily, to the Reserve Bank’s rate decision this afternoon.The central bank is widely expected to keep rates on hold at 3.25% with the market only pricing a 14% chance of a cut.The Reserve Bank of Australia’s surprise decision to hold rates at 3.85% onTuesday will have firmed up the view. The RBA board voted by a majority of six members to three to keep the rate on hold at 3.85%. It had been widely expected to cut.&nbs...

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