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Reserve Bank of Australia

Rising Greenback Ensures NZ Dollar Stays Under US70c

Wellington, Sept 2 NZPA - The New Zealand dollar was unable to climb above US70c overnight as the greenback, boosted by a sharp fall in oil prices, rose to its highest this year against a basket of major currencies.

NZ Dollar Rebounds Strongly After Plunge Yesterday

Wellington, Aug 14 NZPA - The New Zealand dollar rebounded strongly today from its plunge yesterday and the focus is now turning to retail sales data due tomorrow.

NZ Dollar Recovers 10-1/2 Month Low Vs US Dollar

Wellington, Aug 6 NZPA - The New Zealand dollar recovered today from a 10-1/2-month low against the greenback and has traded to a four-week high against a weakening Australian dollar.

NZ Dollar To 10-1/2 Month Low Vs US Dollar

Wellington, Aug 6 NZPA - The New Zealand dollar slipped to a 10-1/2-month low against the greenback overnight, while also getting to a four-week high against its Australian counterpart.

NZ Dollar Hovers Around US73c

Wellington, Aug 5 NZPA - The New Zealand dollar struggled back above US73c overnight, after sliding below that level on Friday for the first time in 10 months.

NZ Dollar Bounces Around Vs Greenback

Wellington, Aug 1 NZPA - The New Zealand dollar bounced around in a half cent range against the greenback overnight, holding above recent 10-month lows. By 8am the kiwi was buying US73.39c, having moved between about US73.15c and US73.65c.

Clyne's New Paypacket In Melbourne May Approach $10 Million

Wellington, July 31 NZPA - Bank of New Zealand chief executive Cameron Clyne, 40, will take up his new role as head of Australasia's biggest lender, the Melbourne-based National Australia Bank at the start of next year.

New Zealand Currency Market Quite Ahead Of Ocr Tomorrow

Wellington, July 23 NZPA - The New Zealand dollar continued to fall against the greenback today after weak overnight trading as the market awaits tomorrow's official cash rate announcement. The New Zealand dollar was down to US75.56c at 4.30pm today from US76.13c yesterday.

NZ Dollar Bounds Back Over US77c As Greenback Weakens

Wellington, July 16 NZPA - The New Zealand dollar bounded back over US77c against a US dollar emaciated by concern about US finance houses, the housing market and the economy. The kiwi strenthened despite speculation the Reserve Bank could cut interest rates as early as next week.

NZ Dollar Rises Despite Easing Fears

Wellington, July 15 NZPA - The New Zealand dollar strengthened today mainly in response to a weak US unit, and despite rising expectation the Reserve Bank will ease rates, possibly as early as next week.

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