The New Zealand dollar gained against the Japanese yen as improved US economic data bolstered sentiment on global growth.

The general election failed to dent September house sale volumes which rose nearly 8 per cent last month.

The Reserve Bank has released an animated educational video explaining the functions of money in New Zealand.

New Zealand food prices fell in September, as cheaper cheese and seasonal fruit and vegetables offset rising meat prices.

Think about it like this: spending money on roads and bridges might boost the economy more than just the money the government directly spends.

Property values rose 6.4 per cent nationwide in September, slowing from an annual pace of 6.9 per cent in August, according to QV.

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.

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.