How exchange rate distortions can hurt growth
Economically Speaking: John McDermott does some complex data-wrangling on the Kiwi.
John McDermott
Tue, 09 Jun 2020
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The New Zealand dollar has appreciated by nearly 10% against the United States dollar in the past three weeks.
An appreciating currency is unwelcome news in an economy that is both in recession and has falling export prices. Of course, there are times when an appreciating currency can be
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John McDermott
Tue, 09 Jun 2020
Contact the Writer: john.mcdermott@motu.org.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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How exchange rate distortions can hurt growth
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