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New Zealand Wool Services International Ltd’s Marketing Executive Mr Nathan Arthur reports that market conditions remain unchanged with the strong NZ dollar and Chinese inactivity, combined with higher seasonal wool flow, is undermining wool values.
Glynn Tulloch, President of the Motor Industry Association says, "Registration of 13,132 vehicles for the month of May confirms that the growth seen so far this year is sustainable and shows every sign of continuing".
The Reserve Bank and Financial Markets Authority have welcomed the release of a new code to promote good practice in the international foreign exchange market.
New Zealand Wool Services International Limited’s C.E.O, Mr John Dawson reports that the North Island offering of 7,700 bales saw a 69 percent clearance with most types easing in local terms mainly due to a significantly stronger New Zealand dollar.
The People's Bank of China (PBOC) and the Reserve Bank of New Zealand today announced the renewal of a reciprocal currency arrangement (swap line) to support the settlement of cross border transactions between New Zealand and Chinese businesses.
Spending by international visitors in New Zealand was $10 billion for the year ending March 2017, according to the latest International Visitor Survey released today by the Ministry of Business, Innovation and Employment (MBIE).
New Zealand Wool Services International Limited’s C.E.O, Mr John Dawson reports that a wider range of better styled wools and a renewed interest from some sectors this week saw the market well supported.
New Zealand Wool Services International Limited’s C.E.O, Mr John Dawson reports that the slightly weaker New Zealand dollar compared to last weeks’ sale helped lift local prices. Of the 6000 bales on offer, 78.0 percent sold.
Alternatives to dairy Keith Woodford,
Auckland Airport’s modelling shows that New Zealand can look forward to further visitor growth from North America.
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