NZ dollar rises as US-China trade, Brexit tensions ease

NZ dollar rises as US-China trade, Brexit tensions ease
Jenny Ruth
The New Zealand dollar continued to strengthen amid optimism that the US and China will reach some kind of trade agreement and that the worst Brexit option – Britain crashing out of the European Union without an agreement – has been ruled out. The kiwi was trading at 64.25 US cents at 5:05pm in Wellington from 63.97 cents at 7:50am. The trade-weighted index was at 70.93 points from 70.65. Although British Prime Minister Boris Johnson continues to push for a parliamentary vote on his EU exit deal, analysts now expect Britain will either ex...

More Markets

NZ sharemarket edges higher as F&P Healthcare weighs on gains
Markets Market Close

NZ sharemarket edges higher as F&P Healthcare weighs on gains

The S&P/NZX 50 Index closed 14.49 points or 0.11% down at 13,391.59.

Jamie Gray 24 Oct 2025
Contact Energy expands global investor base
Markets

Contact Energy expands global investor base

Contact Energy priced an inaugural €500 million (NZ$1.01b) 7-year senior bond under its Euro Medium Term Note (EMTN) Programme, it said Friday.“This marks a milestone in Contact’s funding strategy, expanding our global investor base and reinforcing our commitment to sustainable f...

Rebecca Howard 24 Oct 2025
Kiwibank wary of capital-review barrier to growth
Finance

Kiwibank wary of capital-review barrier to growth

Kiwibank raises issues of competitive advantage.

Andy Macdonald 24 Oct 2025
Cash or invest? What Allied Farmers could do with $7m
Markets Small Cap Wrap

Cash or invest? What Allied Farmers could do with $7m

Plus, Promisia's insightful guidance, numerous AGMs, and more.