Breakfast briefing: NZ currency and rates get adjusted lower - News Summed Up

Breakfast briefing: NZ currency and rates get adjusted lower


The +3.2% expansion in Q4 came after the +4.9% Q3 expansion and +2.4% expansion for the year prior to that. The UST 10yr yield starts today at 4.29% and little-changed from this time yesterday. The Kiwi dollar starts today at just under 61 USc and down almost -¾c from this time yesterday. That all means our TWI-5 starts today at just under 70.4 and down more than -60 bps. The bitcoin price starts today at US$61,787 and up another strong +8.2% from this time yesterday.


Source: Stuff February 28, 2024 21:52 UTC



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