
<i>Inside Money :</i> Reserve Bank fights inflation, launches board game
Let's celebrate some of the lesser, under-appreciated duties of the Reserve Bank.
Let's celebrate some of the lesser, under-appreciated duties of the Reserve Bank.
Equities on Wall Street welcomed clarification about Federal Reserve policy makers' plans for further monetary easing to help propel US economic growth.
The economic recovery is proving 'brittle, uncertain, and full of surprises', Reserve Bank Governor Alan Bollard says.
The New Zealand dollar held above 75 US cents as the greenback rallied after China boosted the level of cash that six of its biggest banks need to keep on hand.
The Kiwi dollar will likely extend its run higher this week as the Australian currency looks set to test parity with the greenback, dragging the kiwi along with it.
Kiwibank's new chief executive Paul Brock wants to see the banking industry emulate its telecommunications counterpart and introduce bank account number portability.
The New Zealand dollar is nearing 75 US cents after share markets around the world rallied overnight.
One of NZ's biggest banks is encouraging Kiwis to turn their small change into big bucks via a new savings programme that rounds up spending on eftpos and visa debit transactions.
The New Zealand dollar fell from a 10-month high as a pick-up in American housing data polished the appeal of the beaten-down greenback.