Kiwi Cuts Interest Rates to 2022 Lows and Markets React to Monetary Shift
The New Zealand dollar, commonly known as the Kiwi, has weakened as the Reserve Bank of New Zealand (RBNZ) cut interest rates to their lowest level since 2022. The move signals a shift in monetary policy aimed at boosting economic growth amid concerns over slowing inflation and global uncertainties. Market analysts believe that the central