Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag New Zealand cuts interest rates amid trade tensions, Australian dollar hits five-year low.

flag The Reserve Bank of New Zealand cut its cash rate by 0.25% to 3.5%, with more cuts possible due to trade tensions. flag The Australian dollar hit a five-year low, dipping below 60 cents against the US dollar, due to lower commodity prices and expected interest rate cuts. flag Analysts predict further declines in the New Zealand dollar, while the Australian stock market fell 2% following new US tariffs on China. flag Trade tensions and economic concerns are pressuring both currencies.

36 Articles

Further Reading