Kiwi dollar falls after Fed statement
The NZ dollar fell away sharply from around 6.30am today, with the decline coming soon after a statement from the US Federal Reserve.
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Fonterra asks farmers for cash
Farmer owners of the country's biggest company, Fonterra, have been asked to come up with the cash they forbid directors to go to the sharemarket for.
Fonterra offers farmers more shares in new capital strucuture
Fonterra's chairman 'totally disagrees' with any suggestion new 'dry shares' will soften up farmers for the idea of listing on the stock exchange.
Fonterra's new capital scheme unveiled
Fonterra, New Zealand's biggest exporter, has unveiled its latest restructuring plan, which it promises will allow farmers to keep control of the co-operative.
<i>Dollar Outlook:</i> Kiwi may stay locked at 69c
The New Zealand dollar may be capped under US70 cents this week ahead of the central bank's monetary policy statement.