NZ’s international traders pay the price of RBNZ keeping rates on hold

A number of stocks exposed to the New Zealand dollar fell last week including Air New Zealand, Kathmandu and Xero. With special feature audio.

Jenny Ruth
Mon, 02 May 2016

The fallout from the Reserve Bank’s decision last Thursday to keep its official cash rate (OCR) on hold was savage from the point of view of the nation’s international traders.

The New Zealand dollar jumped 3.3% against the Australian dollar and 1.9% against the US dollar last week and is now up

Want to read more? It's easy.

Choose your subscription

Already have an account? Login

Smartphone Only Subscription

NZ$29.95 / monthly

Monthly Premium Online Subscription

NZ$49.95 / monthly

Smartphone Only Annual Subscription

NZ$299.00 / yearly

Yearly Premium Online Subscription

NZ$499.00 / yearly

Premium Group Membership 10 Users

NZ$385+GST / monthly

$38.5 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$660+GST / monthly

$33 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1375+GST / monthly

$27.5 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$2100+GST / monthly

$21 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$999.00 / yearly

Individual

Group membership

NBR Marketplace

Student

Exclusive FREE offer for uni students studying at a New Zealand university (valued at $499).

View terms and conditions.