NZ dollar soars as reopening optimism sweeps the globe

NZ dollar soars as reopening optimism sweeps the globe
Jenny Ruth
The New Zealand dollar continued to rise as sentiment in global equities markets remained relentlessly positive about the global economy reviving with countries emerging from covid-19 lockdowns. The positive sentiment, which ignores still-increasing covid-19 cases and social unrest in the US, as well as US President Donald Trump's threats to set the army on protesters, has also led to wholesale selling of US dollars, pushing other currencies, including the New Zealand dollar, higher. The kiwi was trading at 64.10 US cents at 5pm in Wellin...

More Markets

Oceania forecasts sales lift as it targets debt
Property

Oceania forecasts sales lift as it targets debt

It said sales applications had lifted 23% between July and August.

New structure, powers for ComCom
Markets

New structure, powers for ComCom

Groceries, aviation, building supplies, digital services carparking all get a mention.

NZME shareholder Jim Grenon lifts investment in media firm
Markets

NZME shareholder Jim Grenon lifts investment in media firm

NZME shareholder and director Jim Grenon has lifted his investment in the media business for the second time in recent weeks, to just under 18%.A notice to the NZX on Monday stated Grenon had lifted his shareholding from 15.963% to 17.932%, after acquiring 3.7 million shares for...

‘Unusual’ volume of CCCFA changes in focus
Finance

‘Unusual’ volume of CCCFA changes in focus

Select committee mulls proposed changes to CCCFA, to report recommendations Oct 20.