Jamie GrayBusiness Reporter·NZ Herald·28 Oct, 2026 03:20 AM3 mins to readThe New Zealand dollar fell after today's rate call from the Reserve Bank. Photo / 123rfThe New Zealand dollar fell after today's rate call from the Reserve Bank. Photo / 123rfFinancial markets were caught on the hop by the Reserve Bank’s decision to keep its Official Cash Rate on hold at 2.75%, which ran counter to market pricing that pointed strongly to a rate hike. In response, the New Zealand dollar fell by about 75 basis points to US56.07c, having
NZ dollar, interest rates drop on RBNZ rate call while stocks rally
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