The New Zealand dollar (sign: $; code: NZD) is the currency of New Zealand. It also circulates in the Cook Islands (see also Cook Islands dollar), Niue, Tokelau, and the Pitcairn Islands. It is divided into 100 cents.It is normally written with the dollar sign $, or NZ$ to distinguish it from other dollar-denominated currencies. It is often informally known as the "Kiwi (dollar)", kiwi typically being associated with New Zealand, and the $1 coin depicts a kiwi. It is one of the 12 most-traded currencies in the world.

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Wednesday, November 4, 2009

NZ dollar gains after Fed pledges to keep rates low for ‘extended period’
Nov. 4 (BusinessWire) – The New Zealand dollar pushed higher after the Federal Reserve said it expects to keep interest rates at “exceptionally low levels” for an extended period of time. Traders are awaiting New Zealand labour data today which is expected to show the unemployment rate is continuing to climb.
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