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Kiwi dollar falls on rumours of Reserve Bank intervention
The NZ dollar drops after rumours of a Reserve Bank intervention and a statement from the US Federal Reserve.
Kiwi dollar falls after Fed statement
The NZ dollar fell away sharply from around 6.30am today, with the decline coming soon after a statement from the US Federal Reserve.
Recession 'done and dusted' – economists
Jumping dairy prices and an improving employment market show the recession is over, say economists.
<i>Media</i>: Taxpayers fork out for TV awards
Television New Zealand opted out of the Qantas Film and Television Awards because of the economy and because coverage of the event did not rate well last year.
Dollar stays high as traders bet Bollard will hike sooner
Allan Bollard reiterates the OCR will remain "at or below the current level through until the latter part of 2010."
Bollard: No rates hike till late 2010
The strong kiwi dollar is a threat to a sustained recovery, says Reserve Bank Governor Alan Bollard, while keeping rates steady.
Bollard leaves interest rate steady at 2.5pc
The Reserve Bank has done what most market watchers were expecting this morning and left the official interest rate unchanged at 2.5 per cent.
BNZ reports $183 million loss
Bank of New Zealand has reported a $183 million bottom line loss in the nine months to June 30.