Wellington, Oct 8 NZPA - The New Zealand dollar consolidated around US75c today as investors took profits in the US dollar market ahead of a US payrolls report tonight.
Wellington, July 29 NZPA - The Reserve Bank of New Zealand (RBNZ) lifted the official cash rate (OCR) 25 basis points to 3 percent but caught financial markets on the hop by hinting it may pause in future due to the weakness of the recovery.
Wellington June 4 NZPA - Australia this week paused after hiking its official cash rate six times to 4.5 percent, but New Zealand will likely start raising its rate next week.
By Dave Williams of NZPA
Wellington, May 19 NZPA - Reserve Bank Governor Allan Bollard says he will not crack the whip on banks to try to force them to lend to businesses to promote economic recovery -- amid a call for rule changes to promote business lending.
Wellington, Aug 10 NZPA - Economists at Westpac bank have issued a warning against calls for the Reserve Bank to lower the official cash rate (OCR) in a bid to weaken the New Zealand dollar.
Wellington, Aug 10 NZPA - Economists at Westpac bank issued a warning against calls for the Reserve Bank to lower the official cash rate (OCR) in a bid to weaken the New Zealand dollar.
Wellington, Aug 6 NZPA - The New Zealand dollar retreated from 10-month highs after the New Zealand unemployment rate rose more than expected to 6 percent in the June quarter.
Wellington, July 27 NZPA - The New Zealand dollar traded in a range below the US66c figure today as the focus turned to the Reserve Bank of New Zealand's interest rate decision on Thursday.
The NZ dollar was US65.70c at 5pm from US65.77c at 8am and US65.52c at 5pm Friday.
Wellington, July 2 NZPA - An inquiry into the financial sector would be supported by 86 percent of members of the New Zealand Manufacturers and Exporters Association (NZMEA) who responded to a survey.
Wellington, June 24 NZPA - Voluntary country of origin labelling on food is of little benefit to consumers who have to guess where products come from, the New Zealand Manufacturers and Exporters Association (NZMEA) says.