NZD's roller coaster ride likely to continue as tariff uncertainty grips markets

NZD's roller coaster ride likely to continue as tariff uncertainty grips markets
(Image: Unsplash)
Rebecca Howard
The New Zealand dollar’s roller coaster ride will likely continue as trade war fears wax and wane.  The  NZ dollar (NZD) touched a high of 60.22 US cents last Wednesday but was trading at 59.15 US cents early Monday – largely unchanged from Friday – as the market awaited news on US-China talks. The NZD fell to 55 US cents in early April after the US tariff announcements. On a trade-weighted basis, it traded in a 6% range over the past month, according to Westpac Bank. "The volatility in the exchange ra...

More Markets

NZ stocks retreat from record high, down 0.7%
Markets Market Close

NZ stocks retreat from record high, down 0.7%

The S&P/NZX 50 Index dropped 103.60 points, or 0.76%, to 13,467.26.

Jamie Gray 10 Oct 2025
Govt looks to put its Chorus investment on the block
Infrastructure

Govt looks to put its Chorus investment on the block

The finance minister said there's no policy reason for Govt to hold Chorus securities.

Rebecca Howard 10 Oct 2025
Latest cap raise values Sharesies at $750m
Markets

Latest cap raise values Sharesies at $750m

In its eighth raise since 2017, Sharesies values its shares at $205 apiece.

Pattrick Smellie 10 Oct 2025
Green Cross Health's prescription for growth
Markets Small Cap Wrap

Green Cross Health's prescription for growth

Medical group gets tentative approval to become a PHO, Savor, Paysauce, and more.