More from RBNZ Gov Orr - Overnight NZD markets have behaved consistent with economic fundamentals

Reserve Bank of New Zealand Governor Orr is giving testimony in parliament.

This could take some time … (hours and hours) :-D

Earlier:

• RBNZ Governor Orr says Bank assumes export prices will hold

More now:

• Overnight foreign exchange markets have behaved consistent with economic fundamentals

(i.e he is not unhappy with the slightly lower NZD)