Latest Reserve Bank Headlines

NZ Dollar Outlook: Kiwi may decline on weak inflation

Mon, 20 Oct 2014 11:44:31 +1300 | BusinessDesk

Oct. 20 (BusinessDesk) - The New Zealand dollar may decline this week on the expectation weak inflation data will prompt a pull back in forecasts for future interest rate hikes, reducing demand for the local currency.More >>

NZ dollar rises against yen as global sentiment improves

Mon, 20 Oct 2014 08:39:01 +1300 | BusinessDesk

Oct. 20 (BusinessDesk) - The New Zealand dollar gained against the Japanese yen as improved US economic data bolstered sentiment on global growth, prompting investors to reduce holdings of safe haven currencies such as the yen.More >>

Reserve Bank widens TWI currency basket

Fri, 17 Oct 2014 12:06:25 +1300 | BusinessDesk

Oct. 17 (BusinessDesk) - The Reserve Bank of New Zealand will broaden the currency basket it uses to calculate the value of the local dollar, to better reflect the nation's trading relationships.More >>

ASB Farmshed Economics Report

Fri, 17 Oct 2014 12:02:30 +1300 | ASB Bank

“ As we predicted in last month’s Farmshed, the beef boom has hit new heights and beef prices are currently 5% higher than the previous peak seen way back in September 2008,” says ASB Rural Economist Nathan Penny. “The US appetite for beef shows ...More >>

NZ dollar drops in volatile markets amid Fed uncertainty

Fri, 17 Oct 2014 08:45:12 +1300 | BusinessDesk

Oct. 17 (BusinessDesk) - The New Zealand dollar weakened in volatile trading amid investor uncertainty about the policy direction of the US Federal Reserve. More >>

Take the plunge and get your money fighting fit

Fri, 10 Oct 2014 09:48:47 +1300 | NZ Bankers' Association

The New Zealand Bankers’ Association is encouraging people to get their money fighting fit during Money Week which runs from 13 to 19 October. More >>

NZ dollar gains after Fed's greenback concerns

Thu, 9 Oct 2014 17:15:35 +1300 | BusinessDesk

Oct. 9 (BusinessDesk) - The New Zealand dollar gained after minutes from the Federal Reserve's September policy meeting surprised traders, showing the world's biggest central bank was concerned with the strength of the greenback.More >>

NZ dollar jumps over Fed's concerns on strong greenback

Thu, 9 Oct 2014 08:49:02 +1300 | BusinessDesk

NZ dollar jumps a cent after Fed says it is concerned about strong US dollar More >>

NZ dollar gains as markets dig in for more Fed news

Wed, 8 Oct 2014 08:39:42 +1300 | BusinessDesk

Oct. 8 (BusinessDesk) - The New Zealand dollar gained as markets dial back their support for the US dollar as they await more information from the US Federal Reserve on its plans to shift away from running a zero interest rate policy.More >>

RBA holds cash rate unchanged at 2.5%

Tue, 7 Oct 2014 17:05:39 +1300 | BusinessDesk

Oct. 7 (BusinessDesk) - The Reserve Bank of Australia has left the cash rate unchanged at 2.5 percent, as widely expected, though warned about the challenges of a weakening property market in the near term. More >>

RBNZ more than talk

Fri, 3 Oct 2014 12:46:41 +1300 | Manufacturers and Exporters Association

The latest New Zealand Manufacturers and Exporters Association (NZMEA) Survey of Business Conditions, completed during September 2014, shows total sales in August 2014 decreased 1.01% (year on year export sales increased by 14.1% with domestic ...More >>

Property prices rising slower this year

Fri, 3 Oct 2014 12:21:48 +1300 |

AUCKLAND, 3 October 2014 – The strong rise in property asking prices has slowed down markedly in recent months, according to , New Zealand’s largest online database of homes for sale. Over the last year, the national asking price ...More >>

More than talk from RBNZ

Tue, 30 Sep 2014 14:47:03 +1300 | NZ Manufacturers and Exporters Association

The Reserve Bank of New Zealand (RBNZ) announced yesterday that they had intervened in the currency markets during August, selling a net NZ$521m. Manufacturers and exporters will generally be pleased to see some action on the currency that has been such a ...More >>

Kiwi below 78 US cents as RBNZ figures show intervention

Mon, 29 Sep 2014 15:24:21 +1300 | BusinessDesk

Sept. 29 (BusinessDesk) - The New Zealand dollar fell below 78 US cents for the first time in more than a year after the Reserve Bank published figures showing it intervened in foreign exchange markets in August.More >>

NZ dollar declines on upbeat US growth, RBNZ FX stats loom

Mon, 29 Sep 2014 08:40:08 +1300 | BusinessDesk

Sept. 29 (BusinessDesk) - The New Zealand dollar fell to a fresh one-year low as the greenback advanced after a report showed US economic growth accelerated at the fastest rate since late 2011, amid speculation the Reserve Bank may have intervened ...More >>

NZ dollar slumps to year low after Wheeler jawbones kiwi

Fri, 26 Sep 2014 08:54:50 +1200 | BusinessDesk

NZ dollar slumps to year low after RBNZ's Wheeler jawboned it below 80 US cts More >>

NZ dollar drops after Wheeler says level unjustified

Thu, 25 Sep 2014 14:48:05 +1200 | BusinessDesk

Sept. 25 (BusinessDesk) - The New Zealand dollar tumbled more than half a US cent after Reserve Bank governor Graeme Wheeler invoked two of the conditions for the bank to intervene in currency markets, saying its strength was "unjustified ...More >>

Profiting from Gold

Mon, 22 Sep 2014 10:57:19 +1200 | Kenton-Dau LLC

What has got banks and investors focused on gold? Kenton-Dau LLC, a company based in Christchurch New Zealand has discovered naturally occurring periods of rise and fall in the gold market. This makes is possible to generate consistent on-going revenue ...More >>

NZ dollar falls to 7-month low as Fed raises 2015 rate view

Thu, 18 Sep 2014 08:37:44 +1200 | BusinessDesk

Sept. 18 (BusinessDesk) - The New Zealand dollar dropped to a seven-month low after the Federal Reserve raised its expectation for the level of interest rates by the end of next year, boosting the lure of the greenback.More >>

NZ dollar rises on speculation ahead of Fed meeting

Wed, 17 Sep 2014 08:45:00 +1200 | BusinessDesk

Sept. 17 (BusinessDesk) - The New Zealand dollar advanced as investors pulled back expectations for the Federal Reserve to signal a rise in interest rates at this week's meeting and on reports China is adding liquidity to its banks to bolster economic ...More >>


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