Kiwis wealthier thanks to dollar
Strong growth in the New Zealand dollar and increasing property values have translated to a boom in personal wealth for Kiwis, according to a new global wealth report.
Strong growth in the New Zealand dollar and increasing property values have translated to a boom in personal wealth for Kiwis, according to a new global wealth report.
The Reserve Bank has released an animated educational video explaining the functions of money in New Zealand.
What happens when two traders who love to fish spend 24 hours in close quarters with a skipper whose life is dedicated to fishing?
In the past three months, the price of the cryptocurrency bitcoin has fallen from about US$630 per bitcoin to $320 per bitcoin.
The NZ dollar edged up following its dramatic slump yesterday after the Reserve Bank confirmed speculation it intervened in the currency market.
The New Zealand dollar dropped against the greenback yesterday afternoon after the Reserve Bank released data which confirmed that it had put its money where its mouth was last month, selling $521 million in a bid to push the exchange rate lower.
70c, here we come? This could be it. The time when some weakness creeps into the NZ dollar, and it actually stays down.
The NZ dollar dropped to a 13-month low today after figures confirmed the Reserve Bank intervened in foreign exchange markets last month in a bid to bring it down.
The NZ dollar fell to a fresh one-year low against the US amid speculation the RBNZ may have intervened to push down the value of the local currency.
People worldwide have opened 41 million bitcoin accounts, according to the Bank of England.
The NZ dollar slumped to its lowest in more than a year after RBNZ governor Graeme Wheeler jawboned it through a key support level of 80 US cents.
The New Zealand dollar could fall significantly over the next six to nine months and the Reserve Bank would welcome that, says Governor Graeme Wheeler.
Reserve Bank Governor Graeme Wheeler says the NZ dollar is susceptible to a "significant downward adjustment," in a statement issued today.
New Zealand posted a narrower trade deficit in August as exports of live animals and dairy products rise and imports from major trading partners declined.