![Kiwi dollar stumbles as investors move back to greenback](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Kiwi dollar stumbles as investors move back to greenback
The kiwi dollar has fallen below 75US cents as more signs of recovery in the US economy are seen.
The kiwi dollar has fallen below 75US cents as more signs of recovery in the US economy are seen.
The Reserve Bank is expected to signal on Thursday an earlier start to interest-rate tightening.
A high New Zealand dollar and reduced demand for sheep and beef looks set to hurt farmers in the coming year.
The New Zealand dollar has again set a new 15-month high this morning - the second time in a few days it has done so.
The New Zealand dollar leapt through a critical benchmark this morning.
A major turnaround on the sharemarket in the past six months has boosted the performance of KiwiSaver growth funds.
New Zealand escaped major damage during the recent global financial crisis, says the Reserve Bank in its Annual Report.