NZ dollar gains vs. British pound after BoE's Carney says Brexit could hit economy
By Tina Morrison March 9 (BusinessDesk) - The New Zealand dollar gained against the British pound after Bank of England governor Mark Carney told lawmakers that a move to leave the European Union could hit the country's economy. The kiwi advanced to 47.62 British pence at 8...
NZ manufacturing sales volumes gain 1.3% in 2015 fourth quarter
By Tina Morrison March 8 (BusinessDesk) - New Zealand manufacturing sales volumes rose in the final quarter of 2015, led by gains in petroleum and coal. Total seasonally adjusted sales volumes increased 1.3 percent in the three months through December, following a revised 3...
NZ dollar falls to 3-month vs. Aussie as Australian prospects look up
By Tina Morrison March 8 (BusinessDesk) - The New Zealand dollar fell to a three-month low against the Australian dollar as investors bet it has better prospects for gains than the kiwi. The local currency touched 90.84 Australian cents and was trading at 90.90 cents at 8am...
NZ Dollar Outlook: Kiwi may gain as RBNZ seen keeping OCR attractive at 2.5%
By Tina Morrison March 7 (BusinessDesk) - The New Zealand dollar may gain this week as economists bet the Reserve Bank will keep its benchmark interest rate on hold, underpinning the attractiveness of the country's yields as banks elsewhere move to negative rates. The local...
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