The New Zealand dollar might be riding high – but it could take a sharp tumble.
“The case for a major correction at some stage in the next 12 months is actually very high,” says Bank of New Zealand head of market economics Stephen Toplis.
The exchange rate vis-à-vis the US dollar rose
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Rob Hosking
Tue, 01 Jul 2014
Tue, 01 Jul 2014
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Sharp correction looms for NZ dollar
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