Australian dollar against New Zealand dollar at 13-year high amid divergent monetary policy directions

The Australian dollar reached a 13-year high against the New Zealand dollar, with differences in the direction of monetary policy reportedly behind the move.

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The story

The Australian dollar reached a 13-year high against the New Zealand dollar.

The difference in the direction of monetary policy in the two countries is seen as a factor behind the move.

At a glance

Currency pairMoves in the Australian dollar against the New Zealand dollar drew attention

Price movementReached a 13-year high

BackgroundDifferences in the direction of monetary policy are seen as the backdrop

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Australian dollar against New Zealand dollar at 13-year high amid divergent monetary policy directions | News