Tag Archives: NZ Dollar

he New Zealand dollar may extend its decline against its trans-Tasman counterpart as Australia’s currency rallies on rising commodity prices and the prospect of a stronger Chinese economy. The kiwi fell to 79.17 Australian cents at 5pm in Wellington from 79.35 cents on Friday in New York. It traded at 82.94 US cents from 83.02 cents at 8am and 83.13 …

The New Zealand’s government’s margin-of-error target to meet an operating surplus by 2015 has put spending on its biggest programmes under the gun, according to Finance Minister Bill English. The government plans to keep its spending programme in check as the deteriorating global economy puts its budget surplus at risk, singling out “long-term drivers of costs in areas such as …

adobe photoshop software download p> The New Zealand government is sticking to its 2015 target for getting its books back in black, but only just – with the Treasury forecasting an operating surplus before gains and losses (obegal) of just $66 million in the 2014/15 financial year, down from the $197 million buffer flagged in the May budget, according to …

The New Zealand dollar held above 80 Australian cents ahead of the minutes of the Reserve Bank of Australia’s last policy meeting amid speculation it has further interest rate cuts to come, narrowing the gap with kiwi rates. The New Zealand dollar traded at 80.04 Australian cents, near a two-month high, from 79.99 cents at 5pm in Wellington yesterday. The …

The New Zealand dollar rose to a four-year high against the yen after Japan’s Liberal Democratic party swept to power, mustering enough support to enact sweeping economic reforms and weaken the currency. The kiwi dollar jumped to 71.33 yen, the highest since September 2008, from 70.57 yen in New York on Friday. The kiwi traded at 84.54 US cents from …

The New Zealand dollar is headed for a 3.1 percent gain against the yen this week as Japanese voters prepare to go to the polls in an election that’s expected to install a new government that backs unlimited monetary easing. The kiwi traded at 70.75 yen at 5pm in Wellington from 70.52 yen yesterday. The currency was little changed at …

The New Zealand dollar rose to a four-year high against the yen after the US Federal Reserve cranked up its money printing presses, heightening the appeal of countries offering high interest rates, and as Japan’s general election looks set to usher in a new government. The kiwi rose to 70.50 yen from 69.32 yen yesterday, the first time it’s climbed …

The New Zealand dollar rose to a new 9-month high after the Federal Reserve extended its quantitative easing programme and tied the end of record low interest rates to a targeted drop in unemployment. The kiwi dollar rose to 84.51 US cents from 83.90 cents at 5pm yesterday, the highest since it reached 84.71 cents on Feb. 29. The trade-weighted …

The New Zealand dollar rose to a nine-month high as it looks to break 84 US cents with the US Federal Reserve set to review monetary policy amid expectations it will roll out the printing presses for a fourth time. The kiwi traded at 83.89 US cents at 5pm in Wellington from 83.83 cents at 8.30am and up 83.43 cents …

The New Zealand dollar rose to a five-week high against the Australian dollar, extending its gains of the past week on expectations the New Zealand central bank is more inclined to raise interest rates while its counterpart could be looking at a cut. The kiwi dollar rose to 79.66 Australian cents at 5pm in Wellington from 79.52 cents at the …