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Are currency conversion charges a rip-off? Ask Susan

Plus RNZ's money correspondent Susan Edmunds answers your burning questions about KiwiSaver limits and retirement investments.

  • Banks and credit card companies charge currency conversion fees.
  • These fees cover transaction costs and exchange rate risk.
  • New Zealand has no limit on KiwiSaver contributions.

Bessent’s bond manoeuvres giving global debasement trade new life

[LONDON] US Treasury secretary Scott Bessent’s bid to tame US borrowing costs knocked down long-term yields for barely a day. The more...

  • US Treasury Secretary Scott Bessent’s bond maneuvers strengthen debasement trade.
  • Long-term yields briefly dropped before weakening dollar and rising gold prices.
  • Washington’s desire for cheaper money clashes with inflation concerns.

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