The New Zealand dollar is trading at 0.5608 in the European ... opportunity for the central bank to continue lowering interest rates. The RBNZ meets next on Feb. 19 and is expected to chop rates ...
The Pound New Zealand Dollar (GBP/NZD) exchange rate weakened on Tuesday as the state of the UK’s bond market and some positive New Zealand data undermined the currency pairing. At time of ...
The weakening labor market gives the Reserve Bank scope to continue cutting interest rates, which is expected to drive a modest economic recovery this year. The New Zealand dollar was little ...
The Pound New Zealand Dollar (GBP/NZD) exchange rate slumped last week as fears over the UK’s borrowing costs dampened Sterling sentiment. At time of writing, GBP/NZD traded at around NZ$2.2053 ...
There was a defensive rally in the dollar, and it was the commodity currencies -- the Australian and New Zealand dollars -- that were hit hard, as well as the Mexican peso and Canadian dollar. The ...
The Pound to New Zealand Dollar (GBPNZD) exchange rate has retreated from Monday's highs, but gains look set to extend to 2024 highs in the coming weeks. Global trade is undergoing an adjustment under ...
New Zealand's economic outlook for 2025 is one of cautious optimism. Despite an economic contraction in 2024, the Reserve Bank's successful efforts in curbing inflation and the cuts to interest rates ...
The Reserve Bank of New Zealand has been cutting interest rates aggressively since mid-2024, with senior bank officials indicating in recent months that more will be needed to restore momentum to ...
WELLINGTON: New Zealand’s jobless rate rose to a four-year high at the end of last year as hiring fell in the wake of a sharp recession. Unemployment climbed to 5.1% in the fourth quarter from 4 ...
WELLINGTON (Reuters) - A New Zealand central banker on Wednesday said the official interest rate will tend towards neutral in the absence of future shocks to the system as pandemic-related ...
He said a bigger impact for New Zealand was likely to come in the exchange rate. The US dollar was likely to be pushed up, and New Zealand's would be weaker in comparison. "We suspect that the ...
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