The New Zealand dollar weakened against other major currencies in the Asian session on Wednesday, after the Reserve Bank of New Zealand left its benchmark interest rate unchanged, signaling an intention to maintain an accommodative policy stance to support economic recovery.
At the first meeting of Anna Breman as RBNZ Governor, the Monetary Policy Committee decided to hold the key official cash rate at 2.25 percent, as widely expected.
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Forex News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.