(Bloomberg) -- New Zealand's dollar may rise on
speculation Reserve Bank Governor Alan Bollard could raise
interest rates as soon as next week.
The chance of a quarter-point rise in the benchmark interest
rate at the June 7 review rose to 22 percent yesterday from 18
percent last week, according to an index calculated by Credit
Suisse. Yesterday, economists at Westpac Banking Corp. said they
expect a rate increase because of inflation pressures.
Read more at Bloomberg Currencies News
speculation Reserve Bank Governor Alan Bollard could raise
interest rates as soon as next week.
The chance of a quarter-point rise in the benchmark interest
rate at the June 7 review rose to 22 percent yesterday from 18
percent last week, according to an index calculated by Credit
Suisse. Yesterday, economists at Westpac Banking Corp. said they
expect a rate increase because of inflation pressures.
Read more at Bloomberg Currencies News
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