GBP/NZD Exchange Rate Dips as Confidence Grows in New Zealand Economy


Source: torfx.com torfx.com

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GBP/NZD Exchange Rate Dips as Confidence Grows in New Zealand Economy By David Moore on June 22 2021 in GBP to NZD The Pound New Zealand Dollar exchange rate dipped today following the release of the latest New Zealand Westpac consumer confidence survey for the second quarter, which beat forecasts and rose from 105.2 to 107.1. Thanks to surging NZ house prices and retail sales driving the nation’s economic recovery, ‘Kiwi’ investors have become increasingly upbeat. What’s Been Happening: The Pound New Zealand Dollar exchange rate rose last week as tensions between the US and China limited the appeal of...