NZD expected to remain resilient - here are 4 reasons why (and NZD forecast)

Author: Eamonn Sheridan | Category: News

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

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