A quick excerpt from ASB's latest outlook for the New Zealand dollar.
NZD is expected to remain resilient over the forecast horizon
- generally-solid NZ outlook
- strong NZ public finances,
- persistently-high Terms of Trade
- continued investor interest in NZ assets
Kiwi $ forecasts
- Fed on the sidelines,
- additional policy stimulus supporting growth prospects in China
- USD is expected to weaken over the projection period
- NZD to 0.75 USD by the end of 2022