15th February 2005

NZ Dollar still strong

Financial analysts expect a 0.25% rise in New Zealand's interest rates in the next month or two. The country's economic fundamentals are seen as robust.

For migrants waiting for the best currency deal, financial analysts predict there is no sign of the NZ Dollar weakening in the near term. Today's exchange rates:

Overseas
Currency		Buys
£1NZ$2.63
US $1NZ$1.40
Euro 1NZ$1.80
PhP 100NZ$2.55
ZAR 10NZ$2.31