Wellington, April 30 NZPA - The New Zealand dollar dropped a cent today when the Reserve Bank spelt out that interest rates would remain low until the latter part of 2010.

Wellington, April 30 NZPA - The Reserve Bank cut New Zealand's official cash rate (OCR) by half a percentage point to a record low 2.5 percent and said it expected the rate to remain at or below that level until the latter part of 2010.

Wellington, April 28 NZPA - The threat of a deep depression in the global economy appears to have lifted, but recovery is likely to be gradual and off a very low base, AMP Capital Investors said today.

Wellington, Dec 4 NZPA - The New Zealand dollar was trading lower against the US dollar and yen this morning, but higher against other currencies, as the market awaited a new official cash rate.

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.

Ramping up spending on large infrastructure projects will take time, but it may be possible to fast-track a host of small projects to stimulate the economy, Finance Minister Bill English says.

Wellington, Nov 27 NZPA - Ramping up spending on large infrastructure projects will take time, but it may be possible to fast-track a host of small projects to stimulate the economy, Finance Minister Bill English says.

The Government's December stimulus package will inject about $7 billion into the economy over two years, Finance Minister Bill English said today.

By Ian Llewellyn of NZPA Wellington, Nov 26 NZPA - The Government's December stimulus package will inject about $7 billion into the economy over two years, Finance Minister Bill English said today.

Wellington, Oct 29 NZPA - The United States Federal Reserve and the Reserve Bank of New Zealand today announced the establishment of a temporary reciprocal currency arrangement (swap line) to address elevated pressures in US dollar short-term funding markets.