NZDSGD
New Zealand dollar / Singapore dollar

The market is opened (08 Feb 09:31 UTC +2)
Current price
0.8380
0.0022
0.26
Opening
0.8359
Daily range 0.00
0.8348 — 0.8380

News NZDSGD

Monetary policy of Singapore is getting tighter

The midpoint of Singapore’s currency’s policy band has been adjusted to the prevailing level. The Monetary Authority of Singapore (MAS), whose main regulatory tool is the exchange rate, has performed this action as a result of the previous quarter’s report on the economic growth, which turned out to be better than it was initially suggested. The report also signaled that demand might be damped by raised prices and tightening of the financial environment.

14 October 2022
Singapore sticks to plan for tightening of monetary policy

The Monetary Authority of Singapore (MAS) plans to further tighten monetary policy through the fifth exchange rate adjustment since October 2021. MAS’ policy is aimed at curbing inflation, even though their actions could threaten sustainable economic growth.

11 October 2022
Singapore tightens the monetary policy

This month the financial authorities of Singapore will probably tighten the monetary policy for the fifth time straight.

6 October 2022
New Zealand official cash rate hiked by 0.5% for the fifth time in a row

Expectations of an increase of the New Zealand official cash rate have come true. On Wednesday, the Reserve Bank of New Zealand (RBNZ) raised it to 3.5%, which brought raises in the New Zealand dollar and bond yields.

6 October 2022
New Zealand gears up for fifth 0.5% rate hike

The Reserve Bank of New Zealand (RBNZ) said it is ready for a fifth consecutive interest rate hike by 50 basis points. Economists predict a further monetary tightening by 2023, as the central bank's aggressive measures contribute to the New Zealand dollar weakening.

4 October 2022
Forecasts NZDSGD
NZDSGD: waiting for growth towards the upper border of the 0.93-0.97 range
29 November 2021 253

Event announcement NZDSGD

Current time:
Eniwetok, Kwajalein
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GMT -12

Midway Island, Samoa
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GMT -11

Hawaii, Tahiti
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GMT -10

Alaska, Adak
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GMT -09

Anchorage
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GMT -08

Los Angeles, Vancouver
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GMT -07

Denver
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GMT -06

Mexico City, Bogotá, Lima
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GMT -05

New York, Puerto Rico
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GMT -04

Buenos Aires, Montevideo
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GMT -03

São Paulo
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GMT -02

Azores
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GMT -01

Reykjavik
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GMT +00

London
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GMT +01

Kaliningrad, Paris
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GMT +02

Moscow, St. Petersburg
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GMT +03

Abu Dhabi, Tbilisi
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GMT +04

Yekaterinburg, Tashkent
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GMT +05

Almaty, Dhaka, Omsk
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GMT +06

Bangkok, Jakarta
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GMT +07

Beijing, Hong Kong
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GMT +08

Tokyo, Seoul
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GMT +09

Vladivostok, Brisbane
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GMT +10

Magadan
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GMT +11

Auckland, Wellington
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GMT +12

NZDSGD economy

New Zealand

Central Bank interest rate
4.25
Change: +0.75
Gross domestic product
2%
Change: +0.1%
Unemployment rate
3.4%
Change: +0.1%
Retail sales
0.4%
Change: +2.7%
Trade balance
$-14.46B
Change: $+0.52B
Inflation
7.2%
Without changes
Business confidence
-70%
Change: -28%

Currency rate effect

Positive, leads to growth
Negative, leads to decrease
Neutral, no effect

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