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Market summary

22 Dec 2024, 1:07 NZT

Morning report

The Fed’s rate cut did not come without downside, as the Chair Jerome Powell indicated it now forecasts less than two total rate cuts to occur in 2025. While late-afternoon…
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FX Rates

As at 22 Dec 2024, 1:07 NZT

NZD vs Rate
Australian Dollar 0.904
U.S. Dollar 0.565
British Pound 0.45
Canadian Dollar 0.812
Euro 0.542
Japanese Yen 88.387
Swiss Franc 0.505
Hong Kong Dollar 4.394
Singapore Dollar 0.766
Thai Baht 19.276
New Taiwan Dollar 18.421
Swedish Krona 6.223

Rates are indicative only. They are for interbank transactions and calculated at the mid-point.

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Articles by: Thomson Reuters

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