10 Oct 2024

NZ dollar slumps to two-month low against US

From Morning Report, 8:44 am on 10 October 2024

The New Zealand dollar slumped to a two-month low against the US on Wednesday night, following the Reserve Bank's decision to cut the official cash rate by half-a-percent to 4.75 percent. Journalist Paul Allen spoke to Ingrid Hipkiss.