NZ dollar holds gains; focus on domestic inflation data

NZ dollar holds gains; focus on domestic inflation data
Rebecca Howard
By Rebecca Howard July 16 (BusinessDesk) - The New Zealand dollar held its gains ahead of second-quarter domestic inflation data as investors remained cheered by better-than-expected Chinese industrial production and retail sales. The kiwi was trading at 67.21 US cents at 7:55 am in Wellington from 67.19 at 5pm. The trade-weighted index was at 73.38 from 73.35. While China’s economic growth was the softest in decades in the June quarter, up 6.2 percent from a year earlier, better-than-expected industrial production growth of 6.3 percen...

More Markets

FPH, Fletcher drive NZ stocks lower
Markets Market Close

FPH, Fletcher drive NZ stocks lower

Dips for Fisher and Paykel Healthcare and Fletcher Building drive market down.

Jamie Gray 16 May 2025
Two executives depart Bremworth
Primary Sector

Two executives depart Bremworth

The two resignations follow chief executive Greg Smith's departure. 

Riley Kennedy 16 May 2025
Forsyth Barr sees future upside in Briscoe initiatives
Retail

Forsyth Barr sees future upside in Briscoe initiatives

Management gave details on the company's roadmap for growth at the AGM on Thursday.

Gregor Thompson 16 May 2025