Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 81 - 90 of 161 results for "Bank of New Zealand"

Market Wrap - Morning

AAP  |  MONDAY, 15 AUG 2011
... cents on July 27, its highest level since the fixed exchange rate era ended with its float in December 1983 Bank of New Zealand currency strategist Mike Burrowes said the Australian dollar had climbed steadily since early Friday evening, driven by a ...

Market Wrap - Morning

AAP  |  THURSDAY, 28 JUL 2011
... highest level since it was floated in December 1983. The previous post-float high was 110.11 cents on May 3. Bank of New Zealand currency strategist Mike Burrowes said the local unit did well to retain much of its value overnight amid renewed strength ...

NZ bank credit ratings cut, outlook stable

ALISON BEVEGE  |  MONDAY, 30 MAY 2011
... Australian parent institutions. ANZ National Bank, ASB Bank (subsidiary of Australia's Commonwealth Bank), Bank of New Zealand (subsidiary of National Australia Bank) and Westpac New Zealand all had their long-term senior unsecured ratings cut from AA2 ...

Market Wrap - Morning

AAP  |  MONDAY, 23 MAY 2011
... challenges of correcting the country's finances and Norway suspended the pay of a $US42 million grant to Greece. Bank of New Zealand currency strategist Mike Jones said the Australian dollar proved resilient amid the sell off in the euro and the negative ...

Market Wrap - Morning

AAP  |  MONDAY, 16 MAY 2011
... higher at 2,871.03 WELLINGTON - Prices on the New Zealand sharemarket ended little changed, even though Reserve Bank of New Zealand governor Alan Bollard again signalled that interest rates will remain low. The benchmark NZX-50 index closed down 4.5 ...

Market Wrap - Morning

AAP  |  FRIDAY, 29 APR 2011
... cent. WELLINGTON - The New Zealand sharemarket posted modest gains after offshore markets rose and the Reserve Bank of New Zealand (RBNZ) said the current level of the official cash rate was likely to remain appropriate for some time. The benchmark NZX-50 ...

Market Wrap - Morning

AAP  |  THURSDAY, 28 APR 2011
... Zealand share market ended little changed on Wednesday ahead of an official cash rate review by the Reserve Bank of New Zealand on Thursday and statements by the Federal Reserve due overnight. The benchmark NZX-50 index closed up 5.56 points, or 0.159 ...

Oil central bank

BENJAMIN ONG  |  THURSDAY, 10 MAR 2011
... sway sentiment one way or the other. And those that had significance provided no kinder surprise. The Reserve Bank of New Zealand cut interest rates by 50 bps back to its GFC level of 2.50 per cent. This is no longer big news nor RBNZ Governor Alan Bollard's ...

Market Wrap - Morning

AAP  |  THURSDAY, 10 MAR 2011
... Zealand sharemarket failed to keep pace with markets in Asia today as investors waited to see if the Reserve Bank of New Zealand (RBNZ) will cut the official cash rate (OCR) on Thursday. The benchmark NZX-50 index closed down 6.748 points, or 0.197 percent ...

Market Wrap - Morning

AAP  |  TUESDAY, 8 MAR 2011
... other markets were weak as many investors anticipated that the official cash rate will be cut by the Reserve Bank of New Zealand on Thursday, making investments in shares more attractive. Many economists are expecting the Reserve Bank will cut the OCR ...