Dairy prices take a tumble & Kiwi dollar falls v Aussie on RBA rate hike - Interest.co.nz

Wednesday breakfast briefing: Reserve Bank of Australia rate hike sees NZ dollar drop, dairy prices tumble, equity markets remain choppy

Summary RBA joins the tightening club, no longer patient. NZD/AUD falls to multi-year lowNZD/USD also hits a fresh low, but currently slightly up from this time yesterdayGDT dairy auction shows big… [+7547 chars]

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