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New Zealand dollar falls more than a cent after surprise RBNZ rate cut

ByAdam Button

Mar 9, 2016

RBNZ lowers OCR to 2.25% from 2.50%
Few analysts and traders were expecting the RBNZ to cut rates. The surprise move sent NZD/USD to 0.6653 from 0.6775 before the announcement.

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By Adam Button

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