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NZD Plummets After RBNZ Announced a Surprise 0.50% Rate Cut in October
https://www.babypips.com/news/headline-nzd-plummets-rbnz-surprise-rate-cut-october-2025-10-08
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Market expectations were for the RBNZ to lower rates by 0.25% this week, but the central bank surprised with an even larger 0.50% reduction. Check out how Kiwi pairs reacted.