The New Zealand dollar continues to rise against most currencies for the fourth consecutive session, with the European markets opening session today, Thursday, May 27, as it rose against the US dollar by more than 90 points since the beginning of the week, trading at 0.7293 levels after testing 0.9313 levels during Wednesday’s session higher The pair has settled since last March, while it rose against the Australian dollar by more than 150 points, and is trading at 1.0611 levels.

The rise in the New Zealand dollar comes after statements by the Governor of the Central Bank of New Zealand Adrian Orr today, Thursday, and after the Central Bank of New Zealand announced its monetary policy on Wednesday, as Orr indicated that the current expectations indicate the possibility of raising interest rates and changing the monetary policy by the end of next year 2022 coinciding with the rise in inflation to higher Who is targeted during the same period.

The New Zealand Bank kept its monetary policy and interest rates unchanged at its meeting on Wednesday at current levels of 0.25 per cent while also maintaining the asset purchase program.

On the other hand, the meeting’s view was positive in terms of developments in the New Zealand economy, which is close to returning to pre-crisis levels.