RBNZ sold next NZD 30 mln in September

FXStreet (Bali) - RBNZ has published its latest FX transactions for September, in which only 30 million NZD net were sold against 521 million NZD in August.

As a reminder, during September, we saw the largest NZD sell-off since May 2013, with the pair losing over 6.5 cents, although as confirmed now, there was little RBNZ assistance exacerbating the pain in the Kiwi.