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New Zealand Dollar Buoyant, Pound Slides to 6-Month Lows After UK Inflation data

December 21, 2023 – Written by David Woodsmith

The Pound to New Zealand Dollar exchange rate (GBP/NZD) was undermined by the latest UK inflation data on Wednesday.

Although the New Zealand dollar retreated from intra-day highs, it remained in positive territory and posted 5-month highs against the US dollar.

The GBP/NZD exchange rate posted sharp losses on the day and retreated to 6-month lows just above 2.0100…
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