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Reserve Bank of Australia

NZ Dollar Bounces Along Near Six-Year Low

NZ Dollar Bounces Along Near Six-Year Low
Wellington, March 3 NZPA - The New Zealand dollar bounced along near six-year lows against the greenback overnight as the United States currency soared to a three-year high against a basket of major currencies.

NZ Dollar Drifts Down In Lacklustre Trade

NZ Dollar Drifts Down In Lacklustre Trade
Wellington, Feb 20 NZPA - The New Zealand dollar embarked on a slow drift down today and is expected to remain hostage to events outside New Zealand next week. The NZ dollar was worth US50.36c at 5pm from US51.20c at 5pm yesterday.

NZ Dollar Moves Below US51c Amid Renewed Global Crisis Worries

NZ Dollar Moves Below US51c Amid Renewed Global Crisis Worries
Wellington, Feb 18 NZPA - The New Zealand dollar settled into a new lower range today. The currency moved under the US51c mark and ended just under it at 5pm. It was US50.90c at 5pm from US51.24c at the same time yesterday and traded as low as US50.60c overnight.

RBA Rate Cut Gives NZD A Boost

RBA Rate Cut Gives NZD A Boost
Wellington, Feb 3 NZPA - A large interest rate cut by the Reserve Bank of Australia late this afternoon helped push the New Zealand dollar above US51c, well above last night's six-year low. The kiwi had dropped below and looked set to revisit that level before long.

English To Visit Australia For Economic Talks

English To Visit Australia For Economic Talks
Wellington, Jan 28 NZPA - Finance Minister Bill English heads to Australia next week for discussions on global financial developments and closer economic relations. Mr English said it was important he get an Australian perspective on the international economic crisis.

Business Says Big Interest Rate Cut Will Be Big Help

Business Says Big Interest Rate Cut Will Be Big Help
Wellington, Dec 4 NZPA - Business groups said the Reserve Bank's big cut in interest rates will be a big boost to business.

Kiwi Mixed Ahead Of Rate Cut Decision

Kiwi Mixed Ahead Of Rate Cut Decision
Wellington, Dec 3 NZPA - The New Zealand dollar traded around the US53c level ahead of the much-anticipated interest rate announcement by the Reserve Bank tomorrow morning. The NZ dollar was trading at US53.15c by 5pm from US53.00c at 8am and US52.90c at 5pm on Tuesday night.

As Likely Big NZ Rate Cut Looms, Kiwi Unable To Hold Gains

As Likely Big NZ Rate Cut Looms, Kiwi Unable To Hold Gains
Wellington, Dec 3 NZPA - With a big cut to New Zealand's official interest rate expected tomorrow, the dollar was unable to sustain gains against a generally weakening greenback overnight.

NZ Dollar Tumbles Amid Share Declines In Global Manufacturing

NZ Dollar Tumbles Amid Share Declines In Global Manufacturing
Wellington, Dec 2 NZPA - The New Zealand dollar dipped only slightly today on the news of the Reserve Bank of Australia (RBA)'s 100 basis points cash rate cut. The RBA cut the cash rate to 4.24 percent, its lowest level in six and a half years.

Dollar Struggles Against OCR Predictions And Poor Figures

Dollar Struggles Against OCR Predictions And Poor Figures
Wellington, Dec 1 NZPA - The kiwi dollar had its wings clipped today amid expectations a dovish Reserve Bank will cut interest rates by 1.5 percentage points later this week.

Credit Card Comparison TablesCompare Credit Cards - Independent interest rate and fees comparisons for New Zealand banks.