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Reserve Bank of Australia

NZ Dollar Rally Falters Along With Equity Markets

NZ Dollar Rally Falters Along With Equity Markets
Wellington, April 8 NZPA - The New Zealand dollar was lower today after a tumble in the United States share market reduced investors' appetite for risk. By 5pm the kiwi was at US57.30c as it continued retreating from the three-month high around US59.75c on Monday afternoon.

NZ Dollar Retreats Further From 3-Week Highs, RBNZ Cut Assessed

NZ Dollar Retreats Further From 3-Week Highs, RBNZ Cut Assessed
Wellington, April 7 NZPA - The New Zealand dollar retreated further from recent three-month highs after a weak business survey and rate cut from the Reserve Bank of Australia today.

NZ Dollar In Relatively Tight Range Against Greenback

NZ Dollar In Relatively Tight Range Against Greenback
Wellington, April 1 NZPA - The New Zealand dollar moved in a relatively restricted range overnight against the United States currency. By 8am the kiwi was buying US57.03c, having moved between US56.70c and US57.30c during the night.

NZ Dollar Ends Quarter On Positive Note

NZ Dollar Ends Quarter On Positive Note
Wellington, March 31 NZPA - The New Zealand dollar closed the financial quarter on a strong note, making up ground this afternoon and eying US57c. By 5pm, the kiwi was at US56.82c from US56.46c late yesterday afternoon, having slipped back towards US56c earlier today.

NZ Dollar Bounces Up After Earlier Retreat Below US53c

NZ Dollar Bounces Up After Earlier Retreat Below US53c
Wellington, March 17 NZPA - The New Zealand dollar recovered some of the ground lost earlier today on continued risk appetite and hopes that the Reserve Bank of Australia would continue holding rates steady.

ASB Urges RBNZ To Cut Official Cash Rate To 2.5 Percent

ASB Urges RBNZ To Cut Official Cash Rate To 2.5 Percent
Wellington, March 5 NZPA - ASB economists are calling for another big cut in the official cash rate (OCR) next Thursday, arguing that Reserve Bank of New Zealand Governor Alan Bollard got it right when he said at the job summit, "this is big".

NZ Dollar Falls To Seven-Month Low Vs Aussie

NZ Dollar Falls To Seven-Month Low Vs Aussie
Wellington, March 4 NZPA - The New Zealand dollar recovered from a slide to a seven-month low against its Australian counterpart after the Reserve Bank of Australia left its key cash rate at 3.25 percent on Tuesday.

Banks Making Money In Volatile Markets

Banks Making Money In Volatile Markets
By Pam Graham of NZPA Wellington, March 4 NZPA - Volatile financial markets have helped fell the world's biggest banks but have also been the source of record profits for bank dealing rooms, including in New Zealand.

NZ Dollar Falls To Seven-Month Low Vs Aussie

NZ Dollar Falls To Seven-Month Low Vs Aussie
Wellington, March 4 NZPA - The New Zealand dollar slid to a seven-month low against its Australian counterpart after the Reserve Bank of Australia left its key cash rate at 3.25 percent yesterday afternoon.

NZ Dollar Consolidates Above Six-Year Low

NZ Dollar Consolidates Above Six-Year Low
Wellington, March 3 NZPA - The New Zealand dollar consolidated its position today, after touching US49.10c. At 5pm today it was worth US49.68c, up from US49.30c at the same time yesterday.

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