The New Zealand dollar is nearing a three-month high against the US currency after moves to bail out Greece encouraged investors back into riskier commodity-based currencies.
The Kiwi has gained a cent since Friday, and on Monday it touched a high of 71.99US cents.
BNZ currency strategist Mike Jones says he expects the Kiwi to continue to strengthen if the Reserve Bank shows any indication on Thursday that it favours a rate hike in June.