Dollar key to RBNZ's next move
The long awaited 'correction' in the NZ dollar might be here. Were you careful enough about what you wished for?
Rob Hosking
Mon, 26 Jan 2015
For nearly five years now economists – including the Reserve Bank – have been saying the New Zealand dollar is over-valued.
This continued even during the period of record dairy prices and terms of trade which hit the highest level New Zealand has had since the early 1970s.
Prime Minister John
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Rob Hosking
Mon, 26 Jan 2015
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