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