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Saturday, November 21, 2009 8:54 PM

Published 10/29/2009 by stuff.co.nz


NZD falls following OCR decision

Currencies The New Zealand dollar fell sharply today following the Reserve Bank of New Zealand's (RBNZ's) calming statements over the official cash rate and traders' decreased risk appetite. 'There's a sour taste in the market, really. Risk aversion is sky-rocketing, seeing investors ditch growth...

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What others report on the same story

Bollard damps down talk of early rate rise
Page 1 of 2 4:00AM Friday Oct 30, 2009 By Brian Fallow The wording of Alan Bollard's statement about the official cash rate yesterday drew close attention. Photo ... - [10/29/2009 - New Zealand Herald]
NZ dollar plunges against greenback
The New Zealand dollar fell sharply Thursday following the Reserve Bank of New Zealand's calming statements over the official cash rate and traders' decreased risk ... - [10/29/2009 - CommodityOnline]
OCR unchanged, Bollard drops wording rates coul...
'There are welcome signs that economic activity is growing again,' Bollard said a statement released in Wellington today. Still, 'there remain significant vulnerabilities ... - [10/29/2009 - Good Returns]
Bollard keeps OCR unchanged, no further falls - [10/28/2009 - Scoop]
OCR holds steady - [10/28/2009 - Southland Times]
Economists predict OCR will remain unchanged - [10/28/2009 - 3 News]
Bollard keeps interest rates low - [10/28/2009 - 3 News]
Bollard keeps OCR on hold, switches to neutral - [10/28/2009 - Scoop]
New Zealand central bank leaves rates on hold - [10/28/2009 - InSing.com]
No urgency to raise interest rates - Bollard - [10/28/2009 - NZCity]
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Quotes

...risk appetite. "There's a sour taste in the market, really. Risk aversion is sky-rocketing, seeing investors ditch growth currencies like the kiwi in favour of the relative safety of the US dollar and the yen" BNZ Capital senior...
NZD falls following OCR decision [stuff.co.nz - 10/29/2009]
...in three weeks. "If you roll back to 48 hours ago, we were above 75c. When we walked in this morning, we were just under 73c, so we have seen quite a fall." Reserve Bank Governor...
NZD falls following OCR decision [stuff.co.nz - 10/29/2009]
...market, she said. "While they left interest rates unchanged, their comments were much less hawkish than many markets were expecting." The New Zealand dollar...
NZD falls following OCR decision [stuff.co.nz - 10/29/2009]

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