NZ dollar falls sharply after soft inflation data
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NZ dollar falls sharply after soft inflation data

SYDNEY: The New Zealand dollar fell over half a US cent on Tuesday after inflation came in lower than expected in the second quarter, quashing any thought the country s central bank might raise interest rates for months to come. The kiwi sank to $0.7271 from $0.7330, after data showed the consumer price index was unchanged

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