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Dollar declines ahead of inflation data as RBNZ seen remaining on hold

2015-01-20 23:10:23| Food - Topix.net

The New Zealand dollar declined ahead of consumer prices data due this morning which is expected to show annual inflation dipped below the Reserve Bank's target, likely keeping interest rates on hold for an extended period. The kiwi fell to 76.74 US cents at 8am in Wellington, from 77.17 cents at 5pm yesterday .

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