NZ dollar treads water as covid-19 cases spike in Melbourne

NZ dollar treads water as covid-19 cases spike in Melbourne
Jenny Ruth
The New Zealand dollar was little changed after volatile trading driven by swings in China's share market but could follow its Australian counterpart lower if the state of Victoria imposes a return to lockdown in greater Melbourne in response to spiking covid-19 cases. The kiwi was trading at 65.54 US cents at 5pm in Wellington from 65.50 cents at the same time yesterday while the trade-weighted index was at 72.21 from 72.31. The Reserve Bank of Australia released its latest monetary policy statement late today but it sparked little react...

More Markets

NZ stocks end firm after Sky, Vulcan, annual meetings
Markets Market Close

NZ stocks end firm after Sky, Vulcan, annual meetings

There were 84 rises and 54 falls on the main board.

Jamie Gray 31 Oct 2025
Rising volumes push Port of Tauranga profit outlook higher
Primary Sector

Rising volumes push Port of Tauranga profit outlook higher

Port of Tauranga expects its full-year net profit after tax to fall somewhere between $137 million and $147m.The NZX-listed port company’s container volumes increased 9% to 319,649 TEUs in the first three months to Sept 30.Total trade increased 5.9% in volume compared to the same...

Staff reporters 31 Oct 2025
SkyCity faces Adelaide reckoning by year-end
Markets

SkyCity faces Adelaide reckoning by year-end

Casino operator releases details about regulatory situation in Adelaide.

Dileepa Fonseka 31 Oct 2025