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  • NZ dollar heads for 0.9pct weekly drop – 3News NZ

    NZ dollar heads for 0.9pct weekly drop – 3News NZ

    October 24, 2014, By admin IN Business

    The New Zealand dollar is heading for a 0.9 percent weekly decline against the greenback as low inflation pushes out interest rate hikes. The kiwi fell to 78.37 US cents at 5pm in Wellington today from 79.12 cents in New York last week. It was little changed from 78.18 cents at 8am today, and down [ [...]

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  • NZ dollar heads for 0.9% weekly drop – TVNZ

    NZ dollar heads for 0.9% weekly drop – TVNZ

    October 24, 2014, By admin IN Business

    Published: 5:19PM Friday October 24, 2014 Source: BusinessDesk The New Zealand dollar is heading for a 0.9% weekly decline against the greenback after an extended period of low inflation pushed out expectations for the Reserve Bank to resume hiking interest rates. The kiwi fell to 78.37 US cents at [...]

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  • NZ dollar drops in volatile markets – TVNZ

    NZ dollar drops in volatile markets – TVNZ

    October 16, 2014, By admin IN Business

    Published: 9:36AM Friday October 17, 2014 Source: BusinessDesk Source: ONE News The New Zealand dollar weakened in volatile trading amid investor uncertainty about the policy direction of the US Federal Reserve. The kiwi traded between 78.84 US cents and 79.96 cents overnight and was at 79.41 cents [...]

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  • Dollar plummets after RB sell-off – Radio New Zealand

    Dollar plummets after RB sell-off – Radio New Zealand

    September 29, 2014, By admin IN Business

    The New Zealand dollar has plummeted to its lowest level this year after the Reserve Bank confirmed it sold $ 521 million last month. The dollar fell as low as US77.07 cents – its lowest this year – before rising again. Just after 5pm it was trading at US77.58 cents. The market had been [...]

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  • John Key wants to see Kiwi dollar at 65 US cents – TVNZ

    John Key wants to see Kiwi dollar at 65 US cents – TVNZ

    September 29, 2014, By admin IN Business

    Published: 1:54PM Monday September 29, 2014 Source: ONE News/Business Desk Prime Minister John Key would like to see the New Zealand dollar at 65 US cents. ONE News Political Editor Corin Dann tweeted the news as the Reserve Bank became poised to intervene and cool-off the NZ dollar. Mr Key’s [...]

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  • Aussie, New Zealand dollar down – Business Recorder

    Aussie, New Zealand dollar down – Business Recorder

    September 27, 2014, By admin IN Business

    September 27, 2014 RECORDER REPORT The Australian and New Zealand dollars were nursing heavy losses on Friday after a spasm of risk aversion bludgeoned commodity prices and spooked investors out of carry trades. The Aussie was nailed down at $ 0.8805, having struck an eight-month low of $ 0.8774 ove [...]

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  • Manufacturers back action on dollar – Radio New Zealand

    Manufacturers back action on dollar – Radio New Zealand

    September 25, 2014, By admin IN Business

    The Reserve Bank should intervene to rein in the high New Zealand dollar, the Manufacturers and Exporters Association says. Reserve Bank governor Graeme Wheeler warned again yesterday the exchange rate was unsustainable and was susceptible to a significant fall. His remarks sent the already weakenin [...]

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