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NZ dollar up 2.1 percent vs greenback this week

NZ dollar up 2.1 percent vs greenback this week

By Paul McBeth July 12 (BusinessDesk) - The New Zealand dollar is heading for a 2.1 percent weekly gain against the greenback after the local currency jumped to a three-week high yesterday when investors reassessed whether the US Federal Reserve will start slowing down its money...

12 Jul 2013
NZ Productivity Commission to look at regulatory regimes

NZ Productivity Commission to look at regulatory regimes

July 12 (BusinessDesk) - The Productivity Commission has New Zealand’s regulatory regimes in its sights with the launch of an inquiry aiming to improve the design and operation of the nation’s watchdogs and rule-makers. Finance Minister Bill English and Regulatory Reform Minist...

12 Jul 2013
NZ inflation data for second quarter unlikely to fuel rate hike prospects

NZ inflation data for second quarter unlikely to fuel rate hike prospects

July 12 (BusinessDesk) – New Zealand’s annual inflation may have returned to 14-year lows in the second quarter as a record high currency weighed on prices of imported clothing, competition drove down telecommunications costs and fuel costs fell. The consumer price Index rose 0...

12 Jul 2013