Monday, 20 May 2013
New Zealand Dollar US Dollar
FOREX : NZDUSD
0.8067 17 May 13 23:58 | Change:
0.01 | Open: 0.8166 | High: 0.8166 | Ask: 0.8073 | Volume: 0 |
Change(%): 1.30 | Prev: 0.8173 | Low: 0.8062 | Bid: 0.8062 | Open Int: 0 |
14:47 | 17/5/13
The Nelson Mail
The price hike comes as the cost of refined petroleum products rises while the New Zealand dollar slips, which BP spokesman Jonty Mills described as a "double whammy".
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The New Zealand dollar edged lower against its major counterparts on Friday morning in Asia. Extending yesterday's downtrend, the NZ dollar reached 0.8110 against the US dollar, its weakest level since October 16, 2012. On the downside, the ...
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The New Zealand dollar slumped to its lowest this year on expectations an improving US economy may prompt its central bank to end its quantitative easing policy this year.
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New Zealand is forecasting a budget surplus a year earlier than Australia but Treasurer Wayne Swan says he is "completely dumbfounded" anyone would suggest that was because of a better economic performance.
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There will be no relief for exporters from a high New Zealand dollar for years but the overall economy will notch up annual growth of between two and three per cent.
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