GBP/NZD Exchange Rate Stable as Markets Anticipate RBNZ Decision
This week, the Pound New Zealand (GBP/NZD) exchange rate is expected to remain steady around the 2.26 mark. The upcoming Reserve Bank of New Zealand (RBNZ) interest rate decision is set to be the primary driver of market movements. Analysts widely anticipate a 25 basis-point cut which could weaken the New Zealand Dollar. This development has the potential to impact exchange rates significantly. Traders should stay updated on the RBNZโs announcements to gauge the future direction of GBP/NZD.