NZ dollar stalled ahead of expected rate-cut decision

NZ dollar stalled ahead of expected rate-cut decision
Gavin Evans
The New Zealand dollar stalled overnight with no material drivers in international markets ahead of the Reserve Bank's local rate decision later today. The kiwi was trading at 63.37 US cents at 7:50am, barely changed from 63.33 cents last night, having fallen yesterday when weak inflation expectations increased the odds of a cut in the official cash rate. The trade-weighted index was at 69.96 from 69.95. The weakened inflation outlook in the Reserve Bank’s latest expectations survey saw the market price in a 75 percent chance of a 25 basi...

More Markets

Nothing to see here – Aussie regulator slams ANZ
Finance

Stock & Trade: Nothing to see here – Aussie regulator slams ANZ

FMA confirms eight complaints over NZ bond trading, but no action was taken.

Merger law reforms overdue and welcome
Markets

Merger law reforms overdue and welcome

What the proposed competition law changes could mean for future mergers

NZ sharemarket drops after weak GDP data
Markets Market Close

NZ sharemarket drops after weak GDP data

Stats NZ data showed NZ's gross domestic product fell 0.9% in the June quarter.

Tom Raynel 18 Sep 2025
Craigs beefs up in Hawkes Bay, eyes further expansion
Finance

Craigs beefs up in Hawkes Bay, eyes further expansion

Craigs looks to further expansion as it confirms the Somerset Smith Partners deal.

Staff reporters 18 Sep 2025