the Reserve Bank of New Zealand
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RBNZ’s Breman Says Country Finding Solutions to Protectionism
Anna Breman, governor of the Reserve Bank of New Zealand (RBNZ), during a news conference in Wellington, New Zealand, on Wednesday, May 27, 2026. New Zealand’s central bank held interest rates for a third straight meeting, but only after policymakers were evenly split on whether to hike in order to head off medium-term inflation.
Will India finally get plastic banknotes? RBI's polymer currency plan explained
NEW DELHI: Reserve Bank of India Governor Sanjay Malhotra on Friday said the central bank is considering a proposal to introduce polymer currency notes in India, though the idea remains at a preliminary stage and no final decision has been taken yet. Addressing the media after the Monetary Policy Committee (MPC) meeting, Malhotra said, "Polymer note is under consideration. We are examining the pros and cons.
Australia's first-quarter economic growth misses estimates on severe weather, weak demand
Australia's economy expanded less than expected in the first quarter, as subdued household spending, a pullback in government consumption and severe weather disruptions to mining and exports weighed on growth. The country's GDP expanded 2.5% in the first three months this year, compared to a year earlier, missing economists' expectations for a 2.6% growth, data from the Australian Bureau of Statistics showed Wednesday. On a quarter-on-quarter basis, Australia's GDP grew 0.3% compared with...
SpaceX IPO explained: Can Indians invest and how does it work?
SpaceX is set to enter Wall Street, with an IPO valued at a whopping $1.75 trillion! The long-awaited listing has kicked off a rush among retail investors all chasing a slice of its rockets, satellites and AI empire, turning it into one of the most talked-about market moments in recent times. Demand is already so high that bankers have reportedly received twice the number of orders compared to the shares available.
Dollar steadies as markets await signals on Iran war, central banks
Dollar steadies as markets await signals on Iran war, central banks TOKYO, June 1 : The U.S. dollar held steady on Monday after a weekly loss as markets awaited the results of peace talks in the Middle East and signals on the timing of central bank rate hikes. The dollar index edged lower last week on hopes for a deal between the United States and Iran to open the Strait of Hormuz shipping lane for oil. Oil jumped in early trade after Israel ordered troops to move further into Lebanon in the...
Feral horse numbers in Australia's Alps are on the rise again: It's time to act
Feral horse numbers in Australia's Alps are on the rise again: It's time to act Sadie Harley Scientific Editor Andrew Zinin Lead Editor Last year, we noted early signs of recovery in Australia's high country, following the reduction of feral horse numbers. These had dropped from 17,000 in 2023 to around 3,000 in 2024 across Kosciuszko National Park, thanks to the management efforts of NSW National Parks staff and contractors.
Dollar clings to 2-month high as Gulf hostilities flare, yen wobbles near intervention zone
Dollar clings to 2-month high as Gulf hostilities flare, yen wobbles near intervention zone HONG KONG, June 4 : The dollar clung to its recent strength near a two-month high on Thursday as fresh Gulf hostilities sent oil prices higher and sapped risk appetite, while the Japanese yen hovered near the key 160 level that kept traders on intervention alert. Iranian attacks on Kuwait damaged its airport and injured dozens on Wednesday while the U.S. military carried out strikes near the Strait of...
Reformer or ringleader: A decade on, What is Infantino's legacy as FIFA president?
GIANNI INFANTINO CELEBRATED HIS ELECTION as FIFA president in February 2016 by buying beers for journalists in the bar of a hotel in Cardiff, Wales. After the previous regime of Sepp Blatter had been brought down by bribery and corruption, Infantino was soccer's new man of the people: approachable, engaging and ready to restore the game's reputation. Ten years on, the Swiss-Italian lawyer is the most powerful man in the game.
Yen hits key 160 level for third session, dollar buoyed by Gulf woes
Yen hits key 160 level for third session, dollar buoyed by Gulf woes HONG KONG, June 5 : The Japanese yen is testing the 160 barrier on Friday, prompting pushback from Japanese officials, while the U.S. dollar is on track for a weekly gain as Gulf tensions fuel safe-haven flows. The yen weakened to the critical 160-per-dollar mark briefly in early trades, hitting the level for the third straight session despite verbal warnings from authorities. The 160 level is widely seen in markets as a...