The high New Zealand dollar is unsustainable and a sudden "correction" is possible, says Reserve Bank governor Graeme Wheeler.
"Exchange rate corrections can never be ruled out, especially when the exchange rate remains close to historic highs on a trade-weighted index basis and in the top
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Rob Hosking
Fri, 31 Jan 2014
Fri, 31 Jan 2014
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High dollar unsustainable, sudden correction possible - Wheeler
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