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Raising New Zealand's benchmark interest rate risks pushing up the nation's currency to levels that may crunch the export-reliant economy, Finance Minister Bill English said.
New Zealand will legally allow companies to pay salaries in cryptocurrency starting September 1, becoming the first nation to do so, according to a Financial Times report.; The country requires ...
You have currently selected the base currency New Zealand dollar and the target currency ICON with an amount of 1 New Zealand dollar.In the menu, you can select the desired exchange rates of about ...
New Zealand plans to ban crypto ATMs and cap cash transfers as part of a sweeping AML reform targeting organised crime and illicit cross-border fund flows.
New Zealand’s benchmark bond yield tumbled with the currency as the discovery of a local virus case prompted the government to impose a lockdown and damped speculation of an imminent rate hike ...
A digital currency should support the New Zealand dollar "as our single unit of account" and be exchanged 1-for-1 with cash, it said, adding "cash is here to stay for as long as some of us need it".
New Zealand’s central bank is exploring the possibility of issuing a digital currency, saying the benefits it would bring include its potential use as a monetary policy tool.
Over the past 40 years, the government has transformed New Zealand from an agrarian economy, dependent on concessionary British market access, to a more industrialized, free market economy that ...
The New Zealand dollar was at its strongest in 2011 and then again in 2014 at around US$0.88. It was at its weakest during the global financial crisis of 2008-2009 at just below US$0.50.