# Surprise New Zealand rate hold sends kiwi lower; Australian dollar slips despite rising inflation: the week in currencies

> The Reserve Bank of New Zealand unexpectedly held its cash rate at 2.75% in a four-to-three vote, with three members favouring a rise to 3%. The kiwi fell 1.20% for the week to 0.56319. The Australian dollar was nearly unchanged after stronger Australian inflation gave only a brief lift.

- Date: 2026-11-01 · published 2026-11-01T06:10:05.982Z
- Category: macro · region New Zealand · magnitude low
- Page: https://feedsoft.ai/events/4221-surprise-new-zealand-rate-hold-sends-kiwi-lower-australian-dollar-slips-despite
- Commodities: [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md)

## Why it matters

A surprise hold weakened the New Zealand dollar, while the Aussie's failure to hold gains signals limited support for Australian currency-linked commodity pricing. Currency moves shift the cost of dollar-priced feed exports from the region.

## Read by commodity

- AUDUSD: bearish ▼

## Sources

- sharetrader.com.au: https://sharetrader.com.au/news/2026-11-01-surprise-new-zealand-rate-hold-sends-kiwi-lower-australian-dollar-slips-despite-rising-inflation-the-week-in-currencies

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.