NZ dollar rises after terms of trade approach record levels

NZ dollar rises after terms of trade approach record levels
Jenny Ruth
The New Zealand dollar rose after the nation's terms of trade rose to their second highest level ever in the September quarter. The domestic currency's gains were buttressed by downbeat data in Australia on housing consents and job advertisements. The kiwi was trading at 64.46 US cents at 5pm in Wellington from 64.30 at 8am while the trade-weighted index was at 71.48 from 71.31. New Zealand's terms of trade, a measure showing the purchasing power of New Zealand's exports relative to imports, jumped 1.9 percent in the three months ended...

More Markets

NZ sharemarket rises with gentailers leading
Markets Market close

NZ sharemarket rises with gentailers leading

Electricity gentailers pumped energy into the NZX.

Tom Raynel 09 May 2025
Steven Joyce to chair NZME
Markets

Steven Joyce to chair NZME

Tech expert Bowen Pan will also join, later on. 

Staff reporters 09 May 2025
NZME set to take on Trade Me for car sales
Markets

NZME set to take on Trade Me for car sales

Publicly listed NZME, owner of the NZ Herald and BusinessDesk, says it is exploring a new automotive digital classifieds platform, in a clear bid to take on Trade Me.Seeking to emulate the success of its property platform OneRoof, NZME said on Friday it had signed a memorandum of...

Staff reporters 09 May 2025
Bremworth getting back into synthetics
Primary Sector

Bremworth getting back into synthetics

Albeit in a small, but carefully curated, number of products.

Riley Kennedy 09 May 2025