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![Dollar surges on jobs stats, Bollard speech](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Dollar surges on jobs stats, Bollard speech
The kiwi dollar has surged in value after a stunningly low unemployment stat and a speech by Alan Bollard.
![NZ economy trucking again: Bollard](/pf/resources/images/placeholders/placeholder_l.png?d=793)
NZ economy trucking again: Bollard
NZ's recovery from the financial crisis is entering a "new, less fragile stage" but the Reserve Bank will keep its "foot on the gas".
![Rogue trader: 'I was only a prostitute in great banking orgy'](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Rogue trader: 'I was only a prostitute in great banking orgy'
France's €5 billion rogue trader says his losses should be blamed on a world banking industry "disconnected from reality".
![Greece agrees to savage cuts](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Greece agrees to savage cuts
Greece and the wider eurozone scrambled back from the brink of disaster again on Friday as the outline of an IMF/eurozone rescue package emerged.
![Workers march on Wall St, protest against big banks](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Workers march on Wall St, protest against big banks
Thousands of workers and union leaders expressed their anger at banks' lending practices and taxpayer-funded bailouts.
![<i>Bernard Hickey: </i>Tightening without hiking the OCR](/pf/resources/images/placeholders/placeholder_l.png?d=793)
<i>Bernard Hickey: </i>Tightening without hiking the OCR
The Reserve Bank has slightly opened its forecast window for the first rate hike by a month or two in this morning's statement.
![OCR steady, rates to rise 'over coming months'](/pf/resources/images/placeholders/placeholder_l.png?d=793)
OCR steady, rates to rise 'over coming months'
Official interest rates are staying at 2.5pc but Reserve Bank governor Alan Bollard hints increases are likely 'in coming months'.