![Dollar holds below 82 US cents](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Dollar holds below 82 US cents
The dollar held below 82 US cents overnight after the Reserve Bank yesterday reiterated that is too high and signalled interest rates would remain on hold.
The dollar held below 82 US cents overnight after the Reserve Bank yesterday reiterated that is too high and signalled interest rates would remain on hold.
What should an inflation-targeting central bank do when inflation is proving unexpectedly slow to make an appearance?
In an effort to lower rates and weaken the currency, Labour is pledging to broaden the RBNZ's policy goal by re-writing its main objective.
The Reserve Bank still sees interest rate increases in our future but fewer and further between than it foreshadowed three months ago, writes Brian Fallow.
Interest rates have been held at 3.5pc as Graeme Wheeler signals he won't be as aggressive with future hikes.
The NZ dollar rose to a six-week high against the euro after the European Central Bank unexpectedly cut its three key interest rates.
Equities advanced in Europe after the European Central Bank lowered three key interest rates and announced plans to start buying assets next month
Auckland house sale volumes and average sale prices have slumped in August - so what's behind the slight cooling off of the market?
What KiwiSaver really needs is to be left alone by the politicians and allowed to get on with its purpose of helping kiwis save for their retirement.