New Zealand RBNZ Interest Rate Decision meets forecasts (3%)

FXStreet.com (Barcelona)

Apr 23, 2014

AUD/USD remains in the dumps

Currently, AUD/USD is trading at 0.9287, down -0.82% on the day, having posted a daily high at 0.9379 and low at 0.9267.

RBNZ hikes rates to 3%, retains hawkish bias

As widely expected by the market, the Reserve Bank of New Zealand decided to hike its interest rate to 3% from 2.75%, with the monetary policy statement retaining its hawkish bias.