Buried away in the back of the most recent Reserve Bank monetary polticy statement is yet another upwards revision of the exchange rate.
The central bank, it needs to be stressed very strongly, does not control the exchange rate. Any politician or commentator – and there are a few of each
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Rob Hosking
Mon, 24 Jun 2013
Mon, 24 Jun 2013
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Graph of the week: RBNZ's upwards currency forecasts may have reached their limit
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