The current-account deficit for the three months to the end of June was 1.2 billion New Zealand dollars (US$762 million), compared with a revised surplus of NZ$821 million in the first quarter ...

WELLINGTON (Reuters) -New Zealand's central bank held the benchmark interest rate at 3.25% on Wednesday, noting near-term inflation risks, but said it expected to loosen monetary policy if price ...

New Zealand's central bank cut its benchmark rate by 25 basis points to 3.25% on Wednesday and flagged a slightly deeper easing cycle than it forecast three months ago, underlining the rising ...