The kiwi rose ahead of the central bank’s review of interest rates and after the Federal Reserve said it saw “moderate” growth in the US economy, though with downside global risks.

The Reserve Bank should keep the official cash rate unchanged at a record low 2.5% this week, say a panel of experts.

The New Zealand dollar may finish the week lower as a modest economic recovery keeps inflation well within the Reserve Bank’s inflation target range.

High dollar is detrimental to the tradable sector, Reserve Bank governor says.

All fixed home loan rates cut by up to 0.51% after OCR remains unchanged.