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NZ Dollar Up Then Down Vs Greenback, Slips Vs Other Majors

Wellington, June 23 NZPA - The New Zealand dollar opened today little changed against the greenback from Friday afternoon, and weaker against other major currencies.

NZ Dollar Rescales US76c

Wellington, June 20 NZPA - The New Zealand dollar rescaled US76c today even as the greenback strengthened against the euro. It closed on US76.12c after opening at US76.28c and compared with US75.86c at 4.30pm yesterday.

NZ Dollar Regains Ground On Aussie After Weak Aust Jobs Data

Wellington, June 12 NZPA - The New Zealand dollar made gains on the Australian dollar today after Australian employment data printed much worse than anticipated.

Bollard Throws Out Rates Lifeline In Face Of Sinking Economy

By Simon Louisson of NZPA Wellington, June 5 NZPA - Reserve Bank (RB) governor Alan Bollard threw borrowers an interest rate lifeline today in the face of a rapidly sinking economy and inflation soaring to 4.7 percent.

NZ Dollar Pulls Back On Profit Taking

Wellington, May 28 NZPA - The New Zealand dollar pulled back from three-week highs against major currencies as traders took profits today. At the close of the local session, the dollar was buying US78.91c, slightly down on its US79c close yesterday.

NZ Dollar Powers Back To US79c

Wellington, May 27 NZPA - The New Zealand dollar strengthened against all currencies today in a market thinned by holidays in the US and Europe. Against the greenback it powered up to US79c by the close against its US78.64c close yesterday.

IMF Says NZ Faces Risks Over Addiction To Offshore Funding

Wellington, May 20 NZPA - The International Monetary Fund (IMF) has raised concerns about disruptions to New Zealand's access to offshore funding, but says its sound banking system and focus on inflation would help cushion the economy.

NZ Dollar Slumps After Dire Jobs Data

By Simon Louisson of NZPA Wellington, May 8 NZPA - The New Zealand dollar slumped a cent today against both the US and Australian dollar after a dire jobs report that showed 29,000 jobs were lost in the March quarter.

NZ Dollar Looking Shaky After RB Report

By Simon Louisson of NZPA Wellington, May 7 NZPA - The New Zealand dollar was perched somewhat shakily below US79c at the close of local trading today after a Reserve Bank report was published stressing risks to the economy and currency.

NZ Dollar Sold Half A Cent After "Dovish" RB Statement

Wellington, April 24 NZPA - The New Zealand dollar fell around half a cent after markets interpreted today's Reserve Bank statement on interest rates as "dovish".

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