New Zealand First leader Winston Peters

Speaking in New Zealand today.

  • Says exporters should be pleased with the decline in New Zealand dollar since the election

Asked if policies being discussed will keep the currency going down:

  • "If you are an export-dependent nation why would you go ahead and persist with an inflated dollar when even the IMF says its over-valued? Why do you just ignore all the best advice in the world"

Headlines via Bloomberg

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Who is Winston Peters?

mmmm, you better get to know him ... NZ First party leader Winston Peters. His party holds the balance of power in the New Zealand parliament, he'll decide which side to support - the Nationals or Labour/Greens. We should get a decision on or just after October 12.

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Earlier today re New Zealand: