New Zealand PM Hipkins announces a Cabinet reshuffle, NZD/USD drops
|New Zealand’s new Prime Minister (PM) Chris Hipkins announces a Cabinet reshuffle on Tuesday, dragging the New Zealand Dollar a few pips lower.
New Zealand PM Hipkins reaffirmed Grant Robertson's appointment as Finance Minister.
Market reaction
NZD/USD is testing daily lows at 0.6448 on the above announcement. The pair is losing 0.26% on the day.
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