New Zeland Dollar higher versus U.S. Dollar

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/AFP
On Thursday, the Kiwi touched a two-and-a-half week high versus the U.S. Dollar, after the central bank of the New Zealand announced that it will leave it interest rates unchanged. The New Zealand Dollar grew by 0.4% versus the greenback, and was traded a $0.8235, which was the highest level since October 9.
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Thu, 25 Oct 2012 07:29:42 GMT

New Zealand holds interest rates at 2.5%

On Thursday, Graeme Wheeler, a new chief of the New Zealand's central bank, announced that the bank would maintain its benchmark interest at a record low of 2.5%, as strong currency hurts the country's exports, which are accounted for about 30% of GDP. The decision was in compliance with economists' expectations.

Thu, 25 Oct 2012 13:54:26 GMT

Kiwi advanced to a 6-month high versus the Yen

On Thursday, the New Zealand's Dollar grew to an almost 6-month high versus the Yen, following an announcement about unchanged interest rates by the central bank. The New Zealand Dollar was traded at 65.89 Yen, which was the highest since April, and consolidated at 65.86 Yen by 4:40 p.m. Sydney time, climbing 0.6% for the trading session.

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