NZ dollar gains against pound on Brexit turmoil
By Rebecca Howard Sept. 3 (BusinessDesk) - The New Zealand dollar was higher against the British pound on the prospect of a general election in the UK if opposition lawmakers vote to try to block Brexit. The kiwi was trading at 52.27 British pence at 7:50 am in Wellington ...
Lamb prices hit record levels in 2Q, pushing up terms of trade
By Rebecca Howard Sept. 2 (BusinessDesk) - New Zealand’s terms of trade lifted in the second quarter as meat and dairy prices saw strong rises, with lamb prices hitting record levels. The terms of trade, which measures the purchasing power of New Zealand's exports relative...
NZ dollar hovers below 63 US cents on trade war jitters
By Rebecca Howard Sept. 2 (BusinessDesk) - The New Zealand dollar hovered just below 63 US cents after the US and China imposed previously announced additional tariffs on Sunday, adding to fears a resolution is not on the immediate horizon. The kiwi was trading at 62.93 US...
NZ dollar lifts against yen; buoyed by improved US data
By Rebecca Howard Aug. 30 (BusinessDesk) - The New Zealand dollar gained against the Japanese yen and held around a four-year low against the greenback as investor concerns about a slowing US economy eased. The kiwi was trading at 67.24 yen at 7:50 am in Wellington from 66....
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