foreign exchange

International money transfers ripe for fintechs 'to do a much better job at a lower cost', Kiwibank CEO says, as political parties call for full disclosure of transfer costs

International money transfers ripe for fintechs 'to do a much better job at a lower cost', Kiwibank CEO says, as political parties call for full disclosure of transfer costs

Labour’s Arena Williams says her bill seeking full disclosure of international money transfer costs would lead to a more competitive market as it receives support across political parties - except from National

Labour’s Arena Williams says her bill seeking full disclosure of international money transfer costs would lead to a more competitive market as it receives support across political parties - except from National

Raf Manji says 'the Trump Shock' has exposed a structural gap in the global financial architecture and China is the only country with the capacity to help fill these gaps

Raf Manji says 'the Trump Shock' has exposed a structural gap in the global financial architecture and China is the only country with the capacity to help fill these gaps

NZ dollar trading ranking overtaken by the Indian rupee and Mexican peso, tops the Norwegian krone

NZ dollar trading ranking overtaken by the Indian rupee and Mexican peso, tops the Norwegian krone

Member's bill from Labour's Arena Williams seeks full disclosure of international money transfer costs

Member's bill from Labour's Arena Williams seeks full disclosure of international money transfer costs

Capital Economics revises down its forecast for the NZ dollar this year and sticks to its view the Reserve Bank will need to cut the OCR further than currently expected

Capital Economics revises down its forecast for the NZ dollar this year and sticks to its view the Reserve Bank will need to cut the OCR further than currently expected

Money transfer company Wise asks MPs to mandate price transparency for international money transfers

Money transfer company Wise asks MPs to mandate price transparency for international money transfers

Ministry of Primary Industries forecasting a recovery of exports after last year's drop

Ministry of Primary Industries forecasting a recovery of exports after last year's drop

Wise says costly bank fees are hindering international growth for NZ’s small businesses, with hidden FX charges a key issue

Wise says costly bank fees are hindering international growth for NZ’s small businesses, with hidden FX charges a key issue

Greg Ninness says there may come a day when banks don't have any direct contact with their customers and everything is handled by third parties

Greg Ninness says there may come a day when banks don't have any direct contact with their customers and everything is handled by third parties

Reserve Bank staffing levels and personal costs surge over past five years as it takes on broader role

Reserve Bank staffing levels and personal costs surge over past five years as it takes on broader role

Reserve Bank gets an extra $500 million to build up the foreign reserves it would use to prop up the New Zealand dollar in a crisis

Reserve Bank gets an extra $500 million to build up the foreign reserves it would use to prop up the New Zealand dollar in a crisis

Given the 'massive divergence' currently between the US Fed and our RBNZ, Kiwibank economists see the Kiwi dollar surging

Given the 'massive divergence' currently between the US Fed and our RBNZ, Kiwibank economists see the Kiwi dollar surging

Foreign exchange broker Russell Maher whose company Forex Brokers Ltd is in liquidation, enters no plea to fraud charges brought by the Serious Fraud Office

Foreign exchange broker Russell Maher whose company Forex Brokers Ltd is in liquidation, enters no plea to fraud charges brought by the Serious Fraud Office

BNZ says bug in a third-party foreign exchange trading platform in 2014 resulted in a forex trade replicating in error causing an unintended position of over $1 billion against US dollar for half an hour

BNZ says bug in a third-party foreign exchange trading platform in 2014 resulted in a forex trade replicating in error causing an unintended position of over $1 billion against US dollar for half an hour