The New Zealand dollar plummeted further against the Australian dollar after the release of Reserve Bank of New Zealand's interest rate decision in early Asian deals on Thursday. Currently, the kiwi is trading near 1.3048 versus the Aussie from early multi-day high of 1.2934.
The Reserve Bank of New Zealand Thursday left the nation's benchmark interest rate unchanged, and gave an upbeat forecast on the country's economy. The RBNZ said the Official Cash Rate (OCR) would remain at 2.50 percent.
The kiwi also traded lower against other major currencies and dropped to 0.7013 against the US dollar, 63.50 versus the yen and 1.9493 against the euro by about 4:25 pm ET.
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