Bullish
NZD/JPY rises to 94.3732 amid RBNZ's hawkish inflation stance.
The New Zealand Dollar (NZD) strengthened against the Japanese Yen (JPY) on July 15, 2026, closing at 94.3732. This uptick was driven by the Reserve Bank of New Zealand's (RBNZ) chief economist, Conway, reaffirming a 25 basis point rate hike to 2.5% and indicating readiness for further action if inflationary pressures persist.
Key points
- RBNZ's chief economist Conway reaffirms 25 basis point rate hike to 2.5%.
- NZD/JPY closed at 94.3732 on July 15, 2026.
Sources
AI-generated from public news sources. Not financial advice.
