New Zealand dollar


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Noun1.New Zealand dollar - the basic unit of money in New Zealand
dollar - the basic monetary unit in many countries; equal to 100 cents
References in periodicals archive ?
9% stronger year-onyear against the New Zealand dollar, putting more cash in tourists' pockets.
Comments from the Reserve Bank governor, Graeme Wheeler, did not dent the value of the New Zealand dollar, which pared slight losses after an initial dip.
The Reserve Bank is relying on a lower New Zealand dollar to achieve their inflation target and based on where the exchange rate is now, they're not going to achieve that without cutting the cash rate further.
Andrew Brown of Post Office Travel Money, said: "The surge in sales we have seen for the Australian and New Zealand dollars is a clear indication holidaymakers are becoming increasingly astute and doing their homework to see when exchange rates are in their favour.
Between 2009 and 2012 Kauri issuance slowed markedly, as investor confidence remained low in the aftermath of the Global Financial Crisis (GFC), demand for assets in 'risk currencies' such as the New Zealand dollar fell and it became cheaper to issue in currencies such as the US dollar and euro.
Post Office Travel Money said demand for the New Zealand dollar had been boosted by the release of The Hobbit film, which was shot in the country.
0597, seen on Feb 15, might be too ambitious a target, New Zealand dollar gains to at least the mid-1.
Bollard noted that inflation expectations might drop sharply if the New Zealand dollar strengthened further, which would raise the possibility of a rate reduction.
Extending its previous session's downtrend, the New Zealand dollar fell to a 5-day low of 1.
CNBC that a strong New Zealand dollar will not be an obstacle to the country's economy.
As per the Finance Minister Bill English, a contract permitting direct trading of the New Zealand dollar in opposition to China s renminbi would aid in constructing on the growing trade and investment ties between the two countries.

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