(Bloomberg) -- New Zealand's three biggest lenders
are betting the central bank will raise interest rates tomorrow.
Only one of them predicts the currency will gain as a result.
ANZ National Bank Ltd., the nation's largest, predicts the
currency will climb 1.1 percent to 76 U.S. cents tomorrow as the
Reserve Bank of New Zealand may also signal further rate
increases are needed. Bank of New Zealand Ltd., the third-
biggest, predicts a 2.9 percent drop to 73 this month. Westpac
Banking Corp., the No. 2, sees the currency holding around 75.
Read more at Bloomberg Currencies News
are betting the central bank will raise interest rates tomorrow.
Only one of them predicts the currency will gain as a result.
ANZ National Bank Ltd., the nation's largest, predicts the
currency will climb 1.1 percent to 76 U.S. cents tomorrow as the
Reserve Bank of New Zealand may also signal further rate
increases are needed. Bank of New Zealand Ltd., the third-
biggest, predicts a 2.9 percent drop to 73 this month. Westpac
Banking Corp., the No. 2, sees the currency holding around 75.
Read more at Bloomberg Currencies News
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