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Derek Rankin

NZ Dollar Slides Against Aussie As Ocr Gap Widens

NZ Dollar Slides Against Aussie As Ocr Gap Widens
Wellington, March 2 NZPA - The New Zealand dollar continued to lose ground against its Australian counterpart today as the difference between the two countries' official cash rates (OCRs) recorded its widest gap in nearly 20 years.

NZ Dollar Falls As Us Dollar Rises Against Euro

NZ Dollar Falls As Us Dollar Rises Against Euro
Wellington, Dec 17 NZPA - The New Zealand dollar fell today as the US dollar rose strongly against the euro. "I think we are seeing a reversal of positions we have seen for a long time now," said Derek Rankin of Rankin Treasury.

NZ Dollar Rises Even As Australia Raises Interest Rates

NZ Dollar Rises Even As Australia Raises Interest Rates
Wellington, Oct 6 NZPA - The New Zealand dollar rose strongly today even though the Reserve Bank of Australia raised its official cash rate to 3.25 percent from 3 percent at 4.30pm local time.

NZ Dollar Falls Ahead Of FOMC Meeting

NZ Dollar Falls Ahead Of FOMC Meeting
Wellington, Aug 12 NZPA - The New Zealand dollar was weaker today as investors trimmed positions ahead of a Federal Open Market Committee meeting in the US.

NZ Dollar Trades In Range Head Of RBNZ Decision

NZ Dollar Trades In Range Head Of RBNZ Decision
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.

NZ Dollar Immune To Call For Lower Level

NZ Dollar Immune To Call For Lower Level
Wellington, July 23 NZPA - The New Zealand dollar ended its domestic session not far from a recent 9-1/2 month peak, even though Finance Minister Bill English said exporters need a lower currency.

NZ Dollar Rises As Risk Appetite Returns

NZ Dollar Rises As Risk Appetite Returns
Wellington, July 15 NZPA - The New Zealand dollar rose today as investors regained their appetite for risk. The NZ dollar was at US64.07c at 5pm today, up from US63.36c at 5pm yesterday.

NZ Dollar Rises On S&P Ratings Outlook Upgrade

NZ Dollar Rises On S&P Ratings Outlook Upgrade
Wellington, May 28 NZPA - The New Zealand dollar rose on news that credit rating agency Standard & Poor's has upgraded the outlook on New Zealand's credit rating to stable from negative.

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