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Asia FX muted amid China jitters, Kiwi boosted by record RBNZ hike

Most Asian currencies moved little on Wednesday as rising COVID-19 cases in China and the introduction of new curbs weighed on sentiment, while the New Zealand dollar rallied after a record-high interest rate hike by the central bank.
The New Zealand dollar jumped 0.5% to $0.6170 after the Reserve Bank of New Zealand (RBNZ) hiked rates by 75 basis points (bps), its biggest ever rate raise as it struggles to contain rising inflation.The bank signaled that more tightening is likely, but also warned that economic growth will slow in the near-term due to the shock of rising interest rates and elevated inflation.https://theprofitgrowth.com/ , Crude/Natural Gas Tips, Mcx Advisory Company, Mcx tips provider, Mcx Trading, One day free demo, sure shot call, Technical Analysis, To Get Free Trial !!!Live Gold News With MCX Free Bullion Tips today, Bullion Trading Tips By theprofitgrowth.com Ring/Ping 7037171600 Just Do Your BEST Give Prime Focus BY https://THEPROFITGROWTH.COM