RBNZ says NZD exchange rate is too high

Author: Eamonn Sheridan | Category: Central Banks

Reserve Bank of New Zealand  remarks crossing - Headlines via Bloomberg

  • Remains vigilant about financial stability risks
  • NZ economy performing relatively well
  • NZD exchange rate too high
  • NZ experiencing major housing imbalances
  • There has been some weakening in short term inflation expectations
  • Key rationale for rate cuts has been to lower the risk of further fall in inflation expectations
(via Reuters)

By continuing to browse our site you agree to our use of cookies, revised Privacy Notice and Terms of Service. More information about cookiesClose