The Pound to New Zealand Dollar (GBP/NZD) exchange rate rocketed to a near-decade high on Wednesday after the Reserve Bank of New Zealand (RBNZ) stunned markets with a deeper-than-expected 50bps ...

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RBNZ cuts benchmark rate by an aggressive 50bps, signals more to come NZ dollar and interest rate swaps tumble post-rate cut RBNZ's larger cut comes as economy struggles despite previous raft of cuts ...

WELLINGTON (Reuters) -New Zealand's central bank surprised some in the markets by slashing its benchmark rate by 50 basis points to 2.50% on Wednesday, and kept the door open for further easing, ...