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Bank Of New Zealand

NZ dollar starts week with a lift

NZ dollar starts week with a lift
Wellington, March 15 NZPA - The New Zealand dollar spiked up against major currencies when the market opened today, supported by weekend media reports suggesting Eurozone members had worked out a bailout deal for Greece.

Warehouse to offer $100m in bonds

Warehouse to offer $100m in bonds
Wellington, March 12 NZPA - Retailer The Warehouse Group is looking to raise $100 million in a fixed rate bond offer, with the funds being used to reduce existing bank debt and to finance the planned construction of new and replacement stores.

NZ Dollar Rises On New Zealand And US Data

NZ Dollar Rises On New Zealand And US Data
Wellington, March 8 NZPA - The New Zealand dollar rose in response to both domestic and offshore economic data. The big rise was during the weekend after a report showed United States employers cut fewer jobs than expected last month, boosting hopes a US economic recovery is on track.

NZ Dollar Grinds Higher From Low Against Aussie Dollar

NZ Dollar Grinds Higher From Low Against Aussie Dollar
Wellington, March 3 NZPA - The New Zealand dollar clawed its way off nine and a half year lows against the Australian dollar today on demand from exporters.

NZ Dollar Recovers Some Ground After Tumble

NZ Dollar Recovers Some Ground After Tumble
Wellington, Feb 24 NZPA - The New Zealand dollar posted some modest gains today after tumbling on Tuesday night as investors moved away from riskier assets.

NZ Dollar Falls As US Dollar Rises On Discount Rate Hike

NZ Dollar Falls As US Dollar Rises On Discount Rate Hike
Wellington, Feb 19 NZPA - The New Zealand dollar fell more than a cent today after the US Federal Reserve decided to lift its discount rate, a rate at which it lends emergency funds at, by 25 basis points to 0.75 percent.

NZ Dollar Drifts Lower, After Greece Fears Allayed

NZ Dollar Drifts Lower, After Greece Fears Allayed
Wellington, Feb 17 NZPA - The New Zealand dollar drifted lower during its domestic session after gaining nearly a cent overnight as investors regained their risk appetite amid an apparently stabilising situation in Greece and general market optimism.

Kiwi Gains Against Greenback, After Greece Fears Allayed

Kiwi Gains Against Greenback, After Greece Fears Allayed
Wellington, Feb 17 NZPA - The kiwi rallied against the greenback overnight, gaining nearly a cent as investors regained their risk appetite amid an apparently stabilising situation in Greece and general market optimism.

Dollar Trading Mixed, Reflecting Changing Euro Sentiment

Dollar Trading Mixed, Reflecting Changing Euro Sentiment
Wellington, Feb 10 NZPA - The New Zealand dollar was mixed today and investors digested conflicting reports about the likelihood of a bailout for Greece's finances.

NZ Dollar Eases Off Early Highs, Market Awaits Data

NZ Dollar Eases Off Early Highs, Market Awaits Data
Wellington, Feb 3 NZPA - The New Zealand dollar drifted lower today after firming and attention is now turning to tomorrow's employment report for the December quarter. The NZ dollar was US71.06.c at 5pm from US71.26c at 8am and US70.58c at 5pm yesterday.

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