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5 Sep 2014
NZ FinMin English: Kiwi dollar will fall further as US recovers
FXStreet (Bali) - New Zealand finance minister Bill English is crossing the wires, via Bloomberg, noting that the Kiwi dollar will fall further as the U.S. economy recovers.
Additional headlines, citing English, included: “While there are risks around; we’re heading in a direction where we can see the exchange rate moderating; interest rate pressure moderating and the fiscal position under control; NZ faces less inflationary pressure than expected; Weak dairy prices are a downside risk for NZ; pressure on NZ interest rates is moderating."
Additional headlines, citing English, included: “While there are risks around; we’re heading in a direction where we can see the exchange rate moderating; interest rate pressure moderating and the fiscal position under control; NZ faces less inflationary pressure than expected; Weak dairy prices are a downside risk for NZ; pressure on NZ interest rates is moderating."