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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 ...
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.
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 ...
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 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 ...
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.
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