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New Zealand Reserve Bank cuts official cash rate to 3.5% as Trump's tariff war rattles global economyThe Reserve Bank of New Zealand reduced the official cash rate to 3.5 percent on Wednesday. This decision followed global market instabilit...09 Apr, 2025, 08.56 AM IST- Westpac's Kelly Eckhold adjusts OCR predictions as US-China trade war looms largeKelly Eckhold, Westpac's chief economist, changed his forecast for New Zealand's Official Cash Rate. He now expects the Reserve Bank of New...08 Apr, 2025, 02.07 PM IST
- New Zealand central bank announces surprise exit of governorReserve Bank of New Zealand Governor Adrian Orr will resign on March 31, leaving behind an economy in recovery and stable financial system....05 Mar, 2025, 06.55 AM IST
- Dollar droops after benign inflation data; kiwi firm before RBNZ decisionThe dollar declined following a softer U.S. producer price reading, fueling speculation of Federal Reserve rate cuts. Risk-sensitive curren...14 Aug, 2024, 07.51 AM IST
- Dollar firm with eyes on PCE data, kiwi calm before RBNZ decisionIn the U.S., the Commerce Department's Census Bureau said orders for durable goods fell 6.1% last month, exceeding the 4.5% decline forecas...28 Feb, 2024, 07.36 AM IST
- Dollar firms ahead of busy data week with US inflation in focusInflation figures in the euro zone, Japan and Australia are also in the data calendar this week, alongside a rate decision from the Reserve...26 Feb, 2024, 07.58 AM IST
- RBNZ proposes collecting more financial entity data on cyber incidentsThe Reserve Bank of New Zealand is proposing collecting financial entity data on cyber incidents to better understand cyber risks and resil...08 May, 2023, 10.57 AM IST
- Australia, NZ dollars keep rally alive before inflation testEvans said a pullback to around 6.5-6.6% was needed for the RBA to be confident that inflation would meet its 2-3% target by mid-2025 as pr...19 Apr, 2023, 08.20 AM IST
- Dollar mired near two-month low after jobs jolt; RBNZ boosts kiwiThe dollar hovered around two-month lows against six other currencies. In contrast, the New Zealand dollar rallied after its central bank u...05 Apr, 2023, 08.18 PM IST
- New Zealand's central bank raises rates by 50bp, considered 75bpAll 24 economists in a Reuters poll forecast the Reserve Bank of New Zealand (RBNZ) would move by half a point, the eighth straight hike si...05 Oct, 2022, 06.52 AM IST
- New Zealand dollar climbs as central bank hikes, predicts a lot more to comeThe New Zealand dollar climbed on Wednesday after the country's central bank raised interest rates by half a point and sharply lifted its p...25 May, 2022, 08.28 AM IST
- Euro weighed by waning hopes for peace, NZ $ on edge before rates verdictThe euro was pinned to a five-week low on Wednesday and commodity currencies found support as prospects for peace in Ukraine darkened, whil...13 Apr, 2022, 07.18 AM IST
- Dollar stands tall as Covid rattles kiwiThe euro touched $1.1702 early in the Asia session, its lowest since November 2020. The kiwi nursed losses at $0.6922, after the discovery ...18 Aug, 2021, 08.32 AM IST
- New Zealand central bank says its data system was breachedA third-party file-sharing service used by the central bank to share and store some sensitive information was illegally accessed, the bank ...10 Jan, 2021, 08.07 AM IST
- Dollar dips as traders take more sanguine view of coronavirus vaccineThe New Zealand dollar recovered from an early dip to hit its strongest level in more than a year after the Reserve Bank of New Zealand kep...11 Nov, 2020, 12.10 PM IST
- After well-being Budget, NZ ushers in bank deposit protectionNew Zealand is proposing deposit protection of up to NZ$50,000 ($33,000).24 Jun, 2019, 02.06 PM IST
- 'Our main focus now is the carry trade'The two economies, India and New Zealand, couldn’t be more different. Dr Alan Bollard, to discuss some of these issues.24 Jul, 2007, 12.25 AM IST
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