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March 2010
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Tag: The Reserve Bank of New Zealand

Australian Dollar Rises From One-Week Low; N.Z. Dollar Declines

By Candice Zachariahs
March 10 (Bloomberg) — Australia’s dollar rose after touching a one-week low as rising domestic stocks revived demand for the currency. New Zealand’s dollar fell.

Australia, N.Z. Dollars Drop on Rate Cut, Deeper U.S. Slump

By Candice Zachariahs
Jan. 30 (Bloomberg) — New Zealand’s dollar touched its lowest in six years and the Australian currency also fell as U.S. equities slid and yesterday’s interest-rate cut in New Zealand reduced the appeal of the two South Pacific nations’ assets.

Australian, New Zealand Dollars Advance on Commodities, Stocks

By Candice Zachariahs
Jan. 27 (Bloomberg) — The Australian and New Zealand dollars advanced for a second day as investor appetite for higher-yielding assets improved after U.S. home sales revived and Barclays Plc said it won’t need further capital increases.