The dollar fell after weak Chinese factory data yesterday raised concerns about a slowdown in Asia's largest economy.
Investors are selling currencies such as the kiwi as they unwind so called 'carry trades'.
Business confidence has dropped to levels last seen in the immediate aftermath of the global financial crisis.
Mortgage Rates Provided by Interest.co.nz
|ANZ||1 year fixed||5.10%|
|ASB||1 year fixed||5.05%|
|BNZ||1 year fixed||4.69%|
|Kiwibank||1 year fixed||5.39%|
|Westpac||1 year fixed||4.99%|
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Savings Rates Provided by Interest.co.nz
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