Finance

Shares in Asia-Pacific nudge higher; New Zealand central bank hikes rates again

May 24, 2022 admin-dominor Alibaba Group Holding Ltd, Asia News, Australian Dollar/US Dollar FX Spot Rate, Baidu Inc, Breaking News: Asia, Breaking News: Markets, business news, DXY US Dollar Currency Index, Fast Retailing Co Ltd, Hang Seng Index, ICE Brent Crude (Jul'22), JD.Com Inc, KOSPI Index, MARKETS, New Zealand Dollar/US Dollar FX Spot Rate, NIKKEI 225, Nikkei 225 Index, S&P/ASX 200, Shanghai, SHENZHEN COMPONENT INDEX, SoftBank Group Corp, USD/JPY, World Markets, WTI Crude (Jul'22)

The Reserve Bank of New Zealand announced Wednesday its decision to hike its official cash rate by 50 basis points to 2%, a widely expected decision.

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