RBNZ’s Breman: Q1 core inflation have remained within the 1 - 3% target band

Dhwani Mehta FXStreet

Reserve Bank of New Zealand (RBNZ) Governor Anna Breman said on Wednesday that “the first quarter measures of core inflation have remained stable within the target band of 1–3%.”

“The Monetary Policy Committee continues to keep a close watch on developments in the Middle East and incoming data,” she further noted.

Market reaction

At the time of writing, NZD/USD is down 0.27% on the day at 0.5870, helped little by these above comments.

New Zealand Dollar Price Today

The table below shows the percentage change of New Zealand Dollar (NZD) against listed major currencies today. New Zealand Dollar was the weakest against the Swiss Franc.

	USD	EUR	GBP	JPY	CAD	AUD	NZD	CHF
USD		-0.01%	-0.02%	-0.02%	0.00%	0.18%	0.18%	-0.09%
EUR	0.01%		-0.01%	0.00%	0.02%	0.18%	0.21%	-0.08%
GBP	0.02%	0.01%		0.00%	0.02%	0.17%	0.22%	-0.08%
JPY	0.02%	0.00%	0.00%		0.00%	0.19%	0.22%	-0.03%
CAD	-0.00%	-0.02%	-0.02%	-0.01%		0.19%	0.20%	-0.08%
AUD	-0.18%	-0.18%	-0.17%	-0.19%	-0.19%		0.02%	-0.30%
NZD	-0.18%	-0.21%	-0.22%	-0.22%	-0.20%	-0.02%		-0.30%
CHF	0.09%	0.08%	0.08%	0.03%	0.08%	0.30%	0.30%

The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the New Zealand Dollar from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent NZD (base)/USD (quote).

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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