Exchange rates

NZDUSD

Delayed 01:12:40 2024-07-10 am EDT			5-day change	1st Jan Change
0.6092 ^USD	-0.55%		-0.25%	-3.65%

07:00am	Rate cut prospects could bolster US stocks as investors await earnings, elections	RE
05:25am	Asia shares rise; kiwi slumps after RBNZ's less hawkish tone	RE

RBNZ Says New Foreign Reserves Framework Agreed By RBNZ And Minister Of Finance

January 24, 2023 at 03:02 pm EST

Jan 25 (Reuters) - Reserve Bank of New Zealand :

* NEW FOREIGN RESERVES FRAMEWORK AGREED BY RBNZ AND MINISTER OF FINANCE

* FOREIGN RESERVES ARE SAFE AND LIQUID ASSETS HELD IN CURRENCIES, SUCH AS UNITED STATES DOLLARS, EUROS, AND AUSTRALIAN DOLLARS

* MINISTER OF FINANCE AND OUR BOARD HAVE AGREED THAT AN INCREASE TO FOREIGN RESERVES HOLDINGS IS NEEDED

* AS PART OF FRAMEWORK, RESERVE BANK & MINISTER OF FINANCE REQUIRED TO AGREE TO LEVEL OF FOREIGN RESERVES THAT WE SHOULD HOLD IN ORDER TO MEET OBJECTIVES Further company coverage:

Latest news about NZD / USD

Rate cut prospects could bolster US stocks as investors await earnings, elections	01:00am	RE
Asia shares rise; kiwi slumps after RBNZ's less hawkish tone	11:25pm	RE
New Zealand c.bank maintains cash rate, signals potential for future easing	10:41pm	RE
Asia shares dip; New Zealand dollar firms ahead of RBNZ	09:44pm	RE
US Treasury's Yellen: inflation will continue to ease over time	Jul. 09	RE
Market Update-French politics weigh on European stock markets	Jul. 09	RE
CAC40: red in a general downturn	Jul. 09	CF
CAC40: support under threat, rates deteriorate sharply	Jul. 09	CF
Fed considers rule tweak that could save biggest US banks billions in capital	Jul. 09	RE
US DOLLAR INDEX EDGES HIGHER AFTER COMMENTS FROM FED'S POWELL, L…	Jul. 09	RE
CAC40: down -1.2%, despite new records at WStreet	Jul. 09	CF
Milan stock market little moved as Powell awaits, strong Prysmian, Leonardo, down financials	Jul. 09	RE
Fed considers rule tweak that could save biggest US banks billions in capital	Jul. 09	RE
Europe's STOXX 600 dips ahead of Powell testimony; Indivior sinks	Jul. 09	RE
CAC 40: politics sidelined for the time being	Jul. 09	CF
Wall Street: S&P sets 35th record, semiconductors soar	Jul. 08	CF
EMEA Morning Briefing : Investors Weigh France Political Gridlock	Jul. 08	DJ
TSX Records Only Loss of the Week On Mixed Commodity Prices and Mixed Responses To Jobs Data	Jul. 05	MT
Economics Watch: CIBC Sees the Fed Easing Rates Twice This Year, Starting In September	Jul. 05	MT
UBS Previews Next Policy Meeting at New Zealand's Central Bank	Jul. 05	MT
IBEX 35 opens unchanged ahead of US jobs data and French elections	Jul. 05	RE
CAC 40: rebound continues ahead of US employment figures	Jul. 05	CF
Currencies: $ weakens in wake of FED 'minutes	Jul. 04	CF
Frankfurt shares close: Interest rate hopes and US tech stocks support the Dax	Jul. 04	DP
CAC40: flirts with 7700 pts, supported by banks	Jul. 04	CF