SINGAPORE: The dollar rose against most Asia Pacific currencies on Thursday but gains were capped as traders waited for clearer signals on the timing of a possible US interest rate hike.
The New Zealand dollar bucked the trend, surging against the greenback after the country’s central bank slashed interest rates to a record low of 2.0 percent and said further easing might be necessary.
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
Premium + Digital Edition
Ad-free access
P 80 per month
(billed annually at P 960)
- Unlimited ad-free access to website articles
- Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)
TRY FREE FOR 14 DAYS
See details
See details
If you have an active account, log in
here
.