Kiwi dollar drops on RBNZ jawboning
New Zealand's central bank changed its language on the local dollar to indicate growing unease with its strength.
New Zealand's central bank changed its language on the local dollar to indicate growing unease with its strength.
The $A slid below the US79¢ mark overnight, in a broad retreat in part because of rising geopolitical tensions.
New Zealand's central bank on Thursday kept interest rates steady at record lows of 1.75 per cent.
The Swiss franc rallied hard against the euro and the US dollar overnight in a search for safe-haven assets. The $A slipped.
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