Fitch affirms NZ rating at "AA" with stable outlook

The US credit ratings agency, Fitch ratings, published a latest review on New Zealand’s economy, affirming sovereign credit rating at “AA”, while outlook was maintained “stable”.

Headlines:

Long-term foreign ccy issuer default rating (IDR) AA

Long term local ccy IDR AA+

Outlook Stable

Meanwhile, NZD/USD continues to trade higher near 0.7210, although moved-off 0.7227 daily tops, still up +0.61% on the day.