NZ dollar falls on news RBNZ is looking at "unconventional" policy

NZ dollar falls on news RBNZ is looking at "unconventional" policy
Jenny Ruth
By Jenny Ruth July 23 (BusinessDesk) - The New Zealand dollar fell after the Reserve Bank released information showing it is at a "very early stage” in refreshing its “unconventional monetary policy strategy." The kiwi was trading at 67.31 US cents at 5pm in Wellington from 67.63 at 7:50am. The trade-weighted index eased to 73.66 points from 73.92. In response to an Official Information Act request from Bloomberg News, RBNZ said its work is at a very early stage and that it is withholding information relating to this to avoid “prejudic...

More Policy

Apprenticeships to be moved to new industry skills boards
Policy

Apprenticeships to be moved to new industry skills boards

Vocational Education Minister says new training model will help build skills.

Maria Slade 24 Apr 2025
Ministry of Justice seeks market feedback on courthouse PPPs
Policy

Ministry of Justice seeks market feedback on courthouse PPPs

Want to build and maintain three courthouses for 25 years? Now's your chance.

Oliver Lewis 24 Apr 2025
Foreign investors show ‘increased interest’ in NZ
Policy

Foreign investors show ‘increased interest’ in NZ

Pension funds are reportedly cooling on the US. Could NZ stand to benefit?

Oliver Lewis 22 Apr 2025
Rise in liquidations compounded by IRD crackdown
Economy

Rise in liquidations compounded by IRD crackdown

The IRD filed two-thirds of creditor applications in the March quarter.

Gregor Thompson 22 Apr 2025