Investments

Kiwi dollar diagnosis: patient’s feet hot, head cold, temperature fine

Thursday 2nd of November 2000

The New Zealand dollar has hit a record low of 40 cents against the United States dollar, and an index level of 46 on the trade-weighted exchange rate. This has put New Zealand exporters and those competing against imports in a very competitive position.

What is behind this weak dollar, and what does it mean for the country?

The New...

Want to read the full article?
Click the button below to subscribe and will have unlimited access to full article and all other articles on the site.