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NZ Sharemarket Starts Week Looking Up

NZ Sharemarket Starts Week Looking Up
Wellington, Dec 1 NZPA - The New Zealand sharemarket enjoyed a positive start to what will be a busy week for economists and market watchers. The benchmark NZSX-50 index started at 2710.96 and rose 10.617 points, or 0.39 percent, in the opening minutes of trading this morning.

Manufacturers Call For 200-Basis Point Cut To OCR

Manufacturers Call For 200-Basis Point Cut To OCR
Wellington, Nov 28 NZPA - The New Zealand Manufacturers and Exporters Association (NZMEA) today called for a 200-basis point cut in the Official Cash Rate (OCR).

NZ Dollar Moves Around On Foreign News

NZ Dollar Moves Around On Foreign News
Wellington, Nov 24 NZPA - The New Zealand dollar responded to foreign news stories today but was generally well up on the US52c area it explored for the first time in six years on Friday.

NZ Dollar Pulls Out Of Hole As US Equities Soar

NZ Dollar Pulls Out Of Hole As US Equities Soar
Wellington, Nov 24 NZPA - After dipping below US52c for the first time in six years on Friday morning, the New Zealand dollar lifted out of the hole. By 8am today the kiwi was buying US53.72c, up from US52.88c at 5pm on Friday.

Bouncy Night For NZ Dollar

Bouncy Night For NZ Dollar
Wellington, Nov 4 NZPA - The New Zealand dollar had a bouncy night, but in the end opened close to where it ended on local trading yesterday evening. At 8am the kiwi was buying US59.24c, having ranged between about US58.15c and US59.75c during the night.

No Urgent Need For Interest Rate Cut - Economists

Wellington, Oct 10 NZPA - The Reserve Bank of New Zealand (RBNZ) has been under pressure to cut its official cash rate early but there is no urgent need, economists said today.

RBNZ Under Pressure To Move Early

Wellington, Oct 10 NZPA - The Reserve Bank of New Zealand (RBNZ) is under pressure to cut its official cash rate early, as more and more economists predict a 100 basis point cut.

RBNZ Likely To Wait Until Oct 23 For Cut

Wellington, Oct 9 NZPA - While international central banks cut their cash rates in an attempt to boost struggling financial markets the Reserve Bank of New Zealand (RBNZ) looks likely to wait until October 23 to make an announcement.

New Zealand Sharemarket Down Slightly On Open

Wellington, Oct 9 NZPA - The New Zealand sharemarket was slightly lower again on open today as a simultaneous interest rate cut by world central banks failed to relieve pressure on international markets.

Interbank Rate Dulls Central Cash Rate Influence

By Kate Chapman of NZPA

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