Willie Pesek asks if China's central bank is up for the responsibility of helping steer the world's second biggest economy.

The dollar fell to a four-year low against the British pound after UK retail sales rose more-than-expected.

The dollar held near the bottom end of its recent trading range as investors weighed up interest rates cuts.

ASB has followed the lead of ANZ and Kiwibank and slashed its fixed mortgage rates.

The dollar fell as the greenback strengthened following better-than-expected US housing data.

Westpac could join a mortgage-rate battle after Kiwibank and ANZ slashed their home loan rates.

Businesses have lifted their expectations for inflation, sapping immediate pressure on the Reserve Bank to cut interest rates.

The New Zealand dollar declined as the greenback strengthened on optimism the US economy will rebound.

The New Zealand dollar fell on speculation that potential developments could give the bank more room to cut interest rates.

The NZ dollar advanced against the US stoking speculation the Federal Reserve will delay hiking interest rates.

The Reserve Bank has abandoned its one-size-fits-all approach to loan-to-value ratio curbs recognising house price inflation is an Auckland problem.

New lending restrictions to be imposed on Auckland property investors will do little to cool the surging market.

Investor association slams Reserve Bank’s bid to rein in Auckland house prices, saying it will push up rents and ruin first home buyers' chances.

The dollar weakened after the Reserve Bank governor reiterated the currency was "unjustified and unsustainable".

Economics editor Brian Fallow says today's Reserve Bank move is crude, ad hoc and temporary - but it buys some time.

The Reserve Bank's new lending restrictions will make banks' books safer but may fail to cool the Auckland's housing market.

The NZ dollar has held steady overnight ahead of the Reserve Bank's Financial Stability Report.

The Auckland region median dwelling sale price remained frozen over the last month at $720,000, but dropped in three areas.

New, Auckland-only rules for property lending may be unveiled as early as tomorrow morning.

The NZ dollar touched 92.82 Australian cents, its lowest level since late January, as traders price in rate cuts.

The dollar may decline this week as economists bet the Reserve Bank will start cutting interest rates as early as next month.

The kiwi touched 74.23 US cents, and was trading at 74.43 cents at 8am in Wellington, from 74.99 cents at 5pm yesterday.

China has had 35 years of hypergrowth, but now it's over. It's going to have to settle for really, really good growth instead.

The kiwi dropped yesterday after data showed annual wage inflation in the private sector slowed to a 0.3 per cent pace in the three months ended March 31.

The New Zealand dollar has dropped by US1c after labour data out this morning showed wage growth was less than expected.