India Bank Loan Growth increased to 10.3% in September 1 from previous 10%

New Zealand Dollar (NZD) is likely to consolidate in a range of 0.5870/0.5920. In the longer run, slight increase in downward momentum suggests NZD is likely to trade with a downward bias, potentially testing 0.5850, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.