Sharechat Logo

NZ dollar rebounds after PBOC stimulus moves

Wednesday 5th February 2020

Text too small?

The New Zealand dollar rebounded after China's central bank demonstrated its willingness to prop up its banking system to the tune of 1.7 trillion yuan on Monday and Tuesday and by cutting interest rates, helping to calm global markets which had been plunging in the wake of the coronavirus crisis....

Read the full story at BusinessDesk — subscribe now: https://businessdesk.co.nz/article/nz-dollar-rebounds-after-pboc-stimulus-moves



  General Finance Advertising    

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.

Related News:

World Economy Faces $5 Trillion Hit That Is Like Losing Japan
Blis Technologies Provides Upgraded FY20 Guidance
Australia’s Huge Household Debt Threatens to Worsen Recession
Supply chains need some love during the coronavirus pandemic
S&P outlook revision on Australian major banks
NZ-North Asia shipping severely curtailed
Fitch changes ratings for Australian major banks
Rakon (RAK) COVID-19 Update
Air New Zealand announces Board Appointments
APVG notice it wishes to terminate scheme

IRG See IRG research reports