WELLINGTON: The New Zealand dollar has tumbled to six-month lows in the past month and may fall further, giving the Reserve Bank of New Zealand (RBNZ) room to raise interest rates again before year end.
The kiwi dollar has fallen around 5.0 percent to around $0.8400 against the U.S. dollar over the past month, taking it to levels last seen before the RBNZ began lifting rates in March.
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