![NZ growth tipped to accelerate](/pf/resources/images/placeholders/placeholder_l.png?d=793)
NZ growth tipped to accelerate
The New Zealand economy may have more room to run as inflation remains weak.
The New Zealand economy may have more room to run as inflation remains weak.
The New Zealand dollar is heading for a 1.7 per cent drop against the greenback
The kiwi advanced to 47.62 British pence at 8am in Wellington.
The kiwi touched a two-month high as the greenback slid following a mixed report on the US jobs market.
The kiwi touched a three-month low against its trans-Tasman counterpart after better-than-expected Australian growth data.
The New Zealand dollar is heading for a 2 per cent gain against the greenback as investors continue to scale back their bets on the world's reserve currency.
The New Zealand dollar was largely unchanged on the week against the greenback.
The New Zealand dollar fell from a month-high ahead of employment data in the US.
The New Zealand dollar touched a month-high after Reserve Bank governor Graeme Wheeler talked down the chances of another rate cut.
Digital legal tender could combine the inventiveness of private virtual currencies with the stability of a government mint.
The New Zealand dollar hit a three-week high against the yen after the Bank of Japan introduced a negative interest rate policy, weakening its currency.
The New Zealand dollar is heading for a 1.4 per cent fall on a trade-weighted basis this week.