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The sale of coins is part of New Zealand’s campaign to rebrand the country “100% Middle Earth” to attract tourists. Special commemorative stamps will also go on sale.
The Kiwi jumped about 1.20% on Friday, with the US Dollar tumbling across the board after July’s Nonfarm Payrolls report ...
New Zealand currency has had a long history of over 160 years. In fact, during the 1800s, New Zealand used its coins and banknotes before British currency was even legal currency. However, nothing ...
A digital currency should support the New Zealand dollar "as our single unit of account" and be exchanged 1-for-1 with cash, it said, adding "cash is here to stay for as long as some of us need it".
The New Zealand dollar was at its strongest in 2011 and then again in 2014 at around US$0.88. It was at its weakest during the global financial crisis of 2008-2009 at just below US$0.50.
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