NZ Deputy PM Peters is taking credit for the falling NZD, but not for falling business confidence

Author: Eamonn Sheridan | Category: News

New Zealand press with the report on comments from Deputy Prime Minister Winston Peters

  • "The previous government wouldn't move a muscle when the dollar was so bad for exporters" 
  • "We've been prepared to say, 'no, no, we're going to look at the Reserve Bank Act', and we've sent a clear signal we're not going to put up with a dollar that's disruptive to our export markets and New Zealand's export-created wealth."
  • The Government did not accept responsibility for low levels of business confidence, Peters said.
Link here 
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Peters might get into a bit of hot water with US President Trump if Mr. T thinks the NZ government is manipulating the currency …. 


New Zealand press with the report on comments from Deputy Prime Minister Winston Peters

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