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AUD weak against NZD, but might not stay that way

There will be no ‘parity parties’ any time soon, according to analysts.

The Kiwi approached parity with the Aussie in 2015.

Foreign exchange traders and Kiwis planning to visit Australia should consider buying the embattled Australian dollar now at current levels as it was likely to move higher by the end of the year.

That is the view of most analysts, including BNZ senior market strategist Jason Wong, as the Australian

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Lachlan Colquhoun Wed, 11 Oct 2023
Contact the Writer: lachlan@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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AUD weak against NZD, but might not stay that way
Australia,
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