Whitt@lemmy.nz to Aotearoa / New Zealand@lemmy.nzEnglish · 2 years agoNew Zealand officially in recession as GDP falls for second quarterwww.rnz.co.nzexternal-linkmessage-square25linkfedilinkarrow-up132arrow-down10
arrow-up132arrow-down1external-linkNew Zealand officially in recession as GDP falls for second quarterwww.rnz.co.nzWhitt@lemmy.nz to Aotearoa / New Zealand@lemmy.nzEnglish · 2 years agomessage-square25linkfedilink
minus-squareBalpeenHammer@lemmy.nzlinkfedilinkEnglisharrow-up2·2 years agoThe US economy is rebounding so why is their currency going down?
minus-squareDave@lemmy.nzMlinkfedilinkEnglisharrow-up1·2 years agoI’m not sure, but it might be to do with the Federal Reserve indicating they will add another 50bp to rates by the end of the year. But I’m no expect, I just looked at a currency graph to check USD against some major currencies.
The US economy is rebounding so why is their currency going down?
I’m not sure, but it might be to do with the Federal Reserve indicating they will add another 50bp to rates by the end of the year. But I’m no expect, I just looked at a currency graph to check USD against some major currencies.