Kiwi dollar poised for parity with the Aussie
“Even if you ignore the aspects of monetary policy, broader measures that can determine the value of a currency have been supportive of the Kiwi going up against the aussie”
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A falling interest rate in Australia, coupled with a persistently strong New Zealand economy, could mean the $NZ/$AS exchange rate might briefly achieve parity.
Harbour Asset Management fixed interest portfolio manager Mark Brown says the level of both New Zealand and Australia’s official
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Jason Walls
Wed, 25 Feb 2015
Wed, 25 Feb 2015
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Kiwi dollar poised for parity with the Aussie
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