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Expedia Currency


The main Expedia website has prices stated in USD. If you scroll to the very bottom on the website you can see the international sites Expedia has, these are currently;
- Australia
- Canada
- China
- Denmark
- France
- Germany
- Italy
- Japan
- Netherlands
- New Zealand
- Norway
- Spain
- Sweden
- United Kingdom
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Posted February 29th, 2008 by Jon
Posted in Forex News | No Comments »

NZ dollar slumps on Current Account Deficit


New Zealand DollarThe New Zealand dollar NZD fell to a 10-week low against the USD on Thursday, after data showed the country’s current account deficit blew out to record levels in the first quarter.

Long standing concerns about the size and sustainability of New Zealand’s current account deficit were rekindled by the worse-than-expected data.

“The current account deficit is 9.3 percent of GDP, much too high for the market’s liking, particularly as attracting capital flows is becoming more difficult,” said Ashley Davies, currency strategist at UBS in Singapore.
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Posted June 22nd, 2006 by Jon
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NZ Interest Rates Remain Unchanged


New Zealand’s central bank has kept its official interest rate steady at 7.25 percent despite slowing economic growth, citing a worse-than-expected outlook for inflation.
New Zealand Interest Rates
Rising oil prices and a declining New Zealand dollar (NZD) is expected to see inflation rise to 3.9 percent this quarter, Reserve Bank governor Alan Bollard said. Earlier forecasts had seen inflation peaking at 3.4 percent.
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Posted June 9th, 2006 by Jon
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