The New Zealand dollar rise for a second day in a row

The New Zealand dollar levels rose against the US dollar during trading on Wednesday for the second day in a row after it fell yesterday to the lowest level in six weeks ago, comes after comments from the central bank of New Zealand that it may take new measures face the rising house prices.

The New Zealand dollar against the US dollar is currently Trading at the level of 0.6803, after recording lows at 0.6796 and today's session was opened at the level of 0.6799, while the highest level been recorded at 0.6824. This comes after the pair fell yesterday to the lowest level in six weeks at 0.6716.

The current rise in the New Zealand dollar levels comes after the central bank of New Zealand pointed out during the Financial Stability Report that the bank may take new measures that will work to reduce the rise in house prices, which continue to grow during the recent period .

While the Central Bank of New Zealand pointed out that the risks for the future outlook for financial stability has increased over the last six months in the face of rising house prices in the Auckland region, compared with income.

The dollar index, which tracks the dollar's performance against a basket of major currencies, is currently trading at 94.12 level, after recording the highest at 94.24 and the lowest at 94.09, while today's session was opened at the level of 94.23.