Taper time for RBNZ? NZ$ over 73 USc; Air NZ's big capital raise

Mon, 22 Feb 2021

TLDR: Ata mārie. The Kiwi dollar is flying near three-year highs this morning as currency traders and economists look ahead at the prospects for higher interest rates. The Reserve Bank will detail its thinking on Wednesday. Watch out for a big week of results, including the details of Air NZ’s crucial capital raise.Time to taper? All eyes in financial markets and the housing market will be on the Reserve Bank’s first Monetary Policy Statement of 2021 at 2pm on Wednesday. Economists are looking for the central bank to become less dov...

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