NZ dollar steady as geopolitical tensions ease

NZ dollar steady as geopolitical tensions ease
Rebecca Howard
The New Zealand dollar was largely steady as geopolitical tensions between Iran and the US eased further. Markets were cheered after US President Donald Trump responded to an Iranian attack on US forces in Iraq yesterday with sanctions, not further violence. Iran also offered no immediate indication of further retaliation. Its attack had followed the US killing of Iranian General Qassem Soleimani in Iraq last week. “We are in a bit of a reprieve,” said Martin Rudings, senior dealer foreign exchange at OMF. The kiwi was trading at 66.48...

More Markets

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.

NZ dollar on watch ahead of 3Q GDP, Fed signals
Markets

NZ dollar on watch ahead of 3Q GDP, Fed signals

Economists expect NZ GDP to shrink 0.3% in the June quarter after March growth.

Seeking a faster, sharper ComCom
Economy

Seeking a faster, sharper ComCom

A ‘gold standard’ approach and siloed structure slow the ComCom down.

NZ sharemarket drifts flat as Fed decision looms
Markets Market Close

NZ sharemarket drifts flat as Fed decision looms

The S&P/NZX 50 Index closed down 0.05% or 6.5 points.

Tom Raynel 17 Sep 2025