RBNZ’s Breman: Q1 core inflation remained within target range of 1-3%.

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Reserve Bank of New Zealand (RBNZ) Governor Anna Breman said on Wednesday that “first quarter core inflation measures remained stable within the target range of 1-3%”.

“The Monetary Policy Committee continues to closely monitor developments in the Middle East and incoming data,” she further noted.

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Market reaction

At the time of writing, NZD/USD is down 0.27% at 0.5870, helped little by the comments above.

Today’s price of the New Zealand dollar

The table below shows the current percentage change of the New Zealand Dollar (NZD) against the major listed currencies. The New Zealand dollar was the weakest against the Swiss franc.

USD EUR GBP JPY BOOR AUD NZD CHF
USD -0.01% -0.02% -0.02% 0.00% 0.18% 0.18% -0.09%
EUR 0.01% -0.01% 0.00% 0.02% 0.18% 0.21% -0.08%
GBP 0.02% 0.01% 0.00% 0.02% 0.17% 0.22% -0.08%
JPY 0.02% 0.00% 0.00% 0.00% 0.19% 0.22% -0.03%
BOOR -0.00% -0.02% -0.02% -0.01% 0.19% 0.20% -0.08%
AUD -0.18% -0.18% -0.17% -0.19% -0.19% 0.02% -0.30%
NZD -0.18% -0.21% -0.22% -0.22% -0.20% -0.02% -0.30%
CHF 0.09% 0.08% 0.08% 0.03% 0.08% 0.30% 0.30%

The heat map shows the percentage changes of the major currencies relative to each other. The base currency is selected from the left column and the quote currency from the top row. For example, if you select the New Zealand dollar from the left column and move along the horizontal line to the US dollar, the percentage change displayed in the box will represent NZD (base)/USD (quote).

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