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Wednesday, 17 Dec 2008

Currency

Dec 16 - Close: Dollar regains ground ahead of US rate cut

NZPA

The New Zealand dollar recouped earlier losses against the US dollar ahead of an expected US Federal Reserve rate cut to near-zero.

Dec 16 - Open: Kiwi unable to hold gains against greenback

The New Zealand dollar was unable to hold on to mild gains against a weakening greenback, as the euro surged against the United States currency.

Dec 15 - Close: NZD firms in quiet session

NZPA

The New Zealand dollar rose consistently throughout the day and ended its domestic session above US55c.

Dec 15 - Open: Dollar wakes up under US55c

NZPA

The New Zealand dollar opened the week under the US55 cent mark this morning as money markets headed into the last full week of trading before Christmas.

KIRK HARGREAVES/The Press


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