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30 Sept 2026 · 02:02 GMT+3

The New Zealand Dollar breaks lower after Australia's rate hike

Australia's fourth rate hike of 2026 sent the Australian Dollar lower on Tuesday, and NZD/USD closed below 0.5650 for the first time in its slide. The Reserve Bank of Australia (RBA) raised its cash rate to 4.60%, the highest since 2011, in a unanimous vote.

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