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Dollar, swap rates jump as OCR left on hold
The kiwi dollar has jumped 1.3 per cent after the Reserve Bank left rates on hold this morning.
The kiwi dollar has jumped 1.3 per cent after the Reserve Bank left rates on hold this morning.
African American abolitionist Harriet Tubman will replace former president Andrew Jackson, who will be moved to the back of the bill, Treasury officials said today.
The NZ dollar touched its highest level in more than two weeks after oil prices recovered ground.
The New Zealand dollar is heading for a 1.6 per cent weekly decline against the greenback.
Watch: The Kiwi dollar's rise this month has forced banks to revise their forecasts while they wait to see what the US Fed's next move is.
Strengthening NZ dollar, increased output from Europe and reduced imports from China add to poor outlook.
Dimming chances of an interest rate hike in the US have worked to counteract any weakness in the New Zealand dollar.
The New Zealand dollar is heading for a 1.3 per cent gain this week as demand for the greenback waned.