RBNZ's McDermott: Would be happy with lower NZD

Author: Eamonn Sheridan | Category: Central Banks

Comments from Reserve Bank of New Zealand's Assistant Governor and Head of Economics, Dr John McDermott

  • NZD needs to be lower than where it is
  • Christchurch rebuild, lower kiwi help offset dairy price shock
  • Would be happy with lower NZD exchange rate

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