Monthly Archives: October 2015

NZD and RBNZ Developments

The New Zealand dollar did not change as traders waited for decisions on interest rates from the United States Federal Reserve and Reserve Bank of New Zealand. The NZD was recorded at 67.77 (US cents) in Wellington from 67.75 cents

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Recent Canadian Dollar Updates

There was very little movement for the Canadian dollar sooner than the decisions of the US Fed and Bank of Japan on interest rates after volatility during the previous week left the CAD at a three-week trough due to weak

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China’s Yuan to be Included in Reserve Currencies’ Basket

International Monetary Fund officials said the Chinese yuan will most likely be part of the IMF’s reserve currencies’ basket before long. This information came from Chinese finance officials who are privy to negotiations. The monetary agency has provided strong signals

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