NZ PM Key: Interest rates look set to stay low for longer

FXStreet (Bali) - New Zealand PM Key is crossing the wires, via Bloomberg, noting that NZ government will deliver further steady reforms this year, adding that interest rates look set to stay low for longer.

Additional headlines

A lot of international interest in the New Zealand economic story

Renewed confidence in economy

Government is concerned about Auckland house price inflation

Governmentis still aiming for a budget surplus this year

NZD/USD flirts with 0.74 handle

NZD/USD declined against the US dollar, inching towards fresh two and a half year lows reached in the previous session as increased bets over RBNZ’s less hawkish stance weighed on the kiwi.
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AUD/USD posts fresh session highs

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