Investments

NZ managers: Hands off the printing presses

Thursday 17th of January 2013

Russell Investment’s latest survey of New Zealand’s top managers asked whether the Reserve Bank or Government should look at bringing down the value of the New Zealand dollar through measures such as quantative easing – printing more money.

The answer from the fund managers was a resounding “no”.

“With the New Zealand dollar sitting at 84c last week the perception is that our curr...

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