The Reserve Bank of New Zealand (RBNZ) has caused a recession with the New Zealand Dollar (NZD) performing poorly, according to MUFG.

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NZDUSD Chart by TradingView

NZD/USD continues to trade between 0.6000 and 0.6400 as it has done for most of this year. Economists at MUFG Bank analyze Kiwi outlook.

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