NZ dollar rises; bank capital rules less harsh than expected

The New Zealand dollar rose after the Reserve Bank's final decisions on bank capital proved less onerous than feared. The kiwi was trading at 65.35 US cents at 5pm after spiking at 65.62 cents earlier from 65.25 cents at 8am. The trade-weighted index was at 72.27 points from 72.14. The RBNZ ex... 

Read the full story at BusinessDesk 

https://businessdesk.co.nz/article/nz-dollar-rises-bank-capital-rules-less-harsh-than-expected

Comments from our readers

No comments yet

Add your comment:

Your name:
Your email:	Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Anti-spam verification:

Type the text you see in the image into the field below. You are asked to do this in order to verify that this enquiry is not being performed by an automated process.

Related News:

CVT - Update on banking facilities
April 9th Morning Report
April 8th Morning Report
ATM - In principle agreement to settle shareholder class action
SUM - 1Q26 Metrics - Sales of Occupation Rights
GMT corporatised and stapled structure completed
April 7th Morning Report
KMD completes Placement and Institutional Entitlement Offer
SML - North Island asset sale completed
RAD - Radius Care Expansion Continues with Care Home Acquisition