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Bank Of New Zealand

NZ dollar eases as US dollar rallies

NZ dollar eases as US dollar rallies
Wellington, Oct 18 NZPA - The New Zealand dollar eased today mostly because the US dollar rose. The kiwi was worth US75.17c at 5pm from US75.62c at 8am and US75.70c at 5pm on Friday. It had traded as high as US76.15c during the weekend.

NZ dollar falls on weak data then recovers

NZ dollar falls on weak data then recovers
Wellington, Oct 14 NZPA - The New Zealand dollar fell after weaker than expected retail sales data suggested interest rates will stay on hold for longer then recovered as the US dollar fell and Singapore moved to widen the band its currency trades in.

Kiwi climbs after bouncy night

Kiwi climbs after bouncy night
Wellington, Oct 13 NZPA - The New Zealand dollar firmed against the US dollar today following indications the United States Federal Reserve may restart easing monetary policy.

Kiwi eases against greenback, firms against aussie

Kiwi eases against greenback, firms against aussie
Wellington, Oct 12 NZPA - The New Zealand dollar eased against the US dollar today, after the Reserve Bank released its annual report saying the economic recovery is proving "brittle, uncertain, and full of surprises".

Quiet night for NZ dollar, with US and Japan on holiday

Quiet night for NZ dollar, with US and Japan on holiday
Wellington, Oct 12 NZPA - The New Zealand dollar had a quiet night as both the United States and Japanese markets were closed for holidays. By 8am the kiwi was buying US75.32c down from US75.48c at 5pm yesterday.

NZ dollar falls vs aussie on Aust jobs bonanza

NZ dollar falls vs aussie on Aust jobs bonanza
Wellington, Oct 7 NZPA - The New Zealand dollar fell sharply against the Australian dollar today on news that the strong Australian jobs market again exceeded expectations, making a rate rise there more likely.

Little movement overnight for NZ dollar

Little movement overnight for NZ dollar
Wellington, Oct 5 NZPA - The New Zealand dollar slipped against the US dollar but remained above US74c for most of the overnight session, while chalking up a small gain against a weakening euro.

NZOG comes to Pike River Coal's rescue

NZOG comes to Pike River Coal's rescue
Wellington, Sept 30 NZPA - Pike River Coal Ltd has negotiated an unsecured loan facility of up to $25 million with its largest shareholder New Zealand Oil & Gas Ltd (NZOG) to provide short-term working capital while its mine on the West Coast ramps up.

NZ dollar settles at lower levels on disappointing GDP data

NZ dollar settles at lower levels on disappointing GDP data
Wellington, Sept 23 NZPA - The New Zealand dollar consolidated after falling more than half a US cent today on news that the economy expanded less than expected in the second quarter.

NZ dollar falls on weaker than expected GDP figure

Wellington, Sept 23 NZPA - The New Zealand dollar fell more than half a US cent on news that the economy expanded less than expected in the second quarter.

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