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Kiwi dollar tipped to break US75c

Outlook for the ‘Kiwi flyer’ buoyed by US Fed’s latest comments.

Kiwibank chief economist Jarrod Kerr is predicting an “undervalued” Kiwi dollar could break the 75c mark against the US dollar by the end of this year, as the Reserve Bank starts hiking interest rates ahead of its central bank counterparts.

“Having broken down near US68c, the Kiwi has

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Daniel Riordan Tue, 31 Aug 2021
Contact the Writer: daniel@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Kiwi dollar tipped to break US75c
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