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Further pressure on RBNZ to cut OCR

The New Zealand dollar is now 'the most over-priced currency in the G10' says analyst.

Rob Hosking
Mon, 19 Jan 2015

Pressure is building for a shift in signal from the Reserve Bank next week after global financial markets changed tack over the Kiwi summer break.

Over the weekend a Bank of America/Merrill Lynch report described the New Zealand dollar as “the most overpriced currency in the G10” and the overnight

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Rob Hosking
Mon, 19 Jan 2015
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Further pressure on RBNZ to cut OCR
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