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New Zealand central bank cuts rates, flags further easing

New Zealand’s central bank cut interest rates for a second time in six weeks and said further easing will likely be needed to stoke inflation as growth slows. Today’s move “is warranted by the softening in the economic outlook and low inflation,” Governor Graeme Wheeler said in a statement Thursday in Wellington after lowering the […]

January 2014 foreign exchange rates

January 2014 foreign exchange rates The ATO has released the average foreign currency exchange rates for January 2014. Rates for selected countries include: · Europe – 0.6818; · Hong Kong – 7.0998; · Japan – 95.9324; · NZ – 1.1030; · UK – 0.5604; · USA – 0.9200. Interested in joining our team? Why not […]