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Hot Topic EARNINGS
Hot Topic EARNINGS
2 mins to read

Warning for Wheeler: Businesses predict dollar will stay higher

NZ business see the NZD shedding just 4% of its value against the greenback over the next year.

Jason Walls
Thu, 29 Sep 2016
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.

Reserve Bank governor Graeme Wheeler may have to get used to saying the kiwi dollar remains “higher” or “significantly higher than assumed” as kiwi business don’t see the currency falling anytime soon.  

New data from ASB’s shows businesses expect the currency to depreciate a mere 4% against the

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Jason Walls
Thu, 29 Sep 2016
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.

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Warning for Wheeler: Businesses predict dollar will stay higher
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