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 ?
At the same time sterling is 8.9% 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 New Zealand dollar rallied roughly 1.5 percent, hitting a one-year high of $0.7139 after the Reserve Bank of New Zealand held interest rates steady early on Thursday while retaining an easing bias.
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.
New Zealand Dollar (nzd) 5.3333 0.6193 6.6396 0.8763
| Demand for the New Zealand dollar has been boosted by The Hobbit film
Any such move could be the trigger for the New Zealand dollar to gain ground against the Singapore dollar.
Bollard noted that inflation expectations might drop sharply if the New Zealand dollar strengthened further, which would raise the possibility of a rate reduction.
The New Zealand dollar that closed Tuesday's North American deals at 64.49 against the yen eased to as low as 63.93 before moving sideways around 12:05 am ET.
Westpac clawed back most of the money but Gao still has access to 3.8 million New Zealand dollars.

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