Dollar Up, China’s Economic Growth Slows Down While New Zealand Inflation Picks Up By Investing.com – Investing.com
- Date: 18-Oct-2021
- Source: Investing.com
- Sector:Economy
- Country:Middle East
Dollar Up, China’s Economic Growth Slows Down While New Zealand Inflation Picks Up By Investing.com – Investing.com
By Gina Lee
Investing.com – The dollar was up on Monday morning in Asia. Inflation data from New Zealand was higher than expected while data from China showed slower-than-expected economic growth. Hawkish comments from the Bank of England (BOE) governor also placed the possibility of interest rate hikes on investors’ radars.
The that tracks the greenback against a basket of other currencies edged up 0.18% to 94.105 by 12:19 AM ET (4:19 AM GMT).
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