New Zealand to declare a climate emergency, pledge action

I am not sure on the details of this or how it may, or may not, impact the NZD.

But, its been a big week in NZ (and its not over yet) with the new directions given to the RBNZ to take housing prices into account in policy setting.

(For more on this I posted a recap earlier, it also contains some info on what is underpinning the NZD this week:

• Westpac on the new instructions to the RBNZ from the New Zealand government