English says kiwi "is a bit too high"

Source: Bloomberg
© Scanpix/Reuters
Finance Minister Bill English stated that the New Zealand Dollar, the best-performer in 2014, is too strong and this is a challenge for the nation's exporters. New Zealand's currency appreciated 4.6% versus the U.S. Dollar in 2014, the biggest gain among its 16 major peers. It bought 85.93 U.S. cents as of 3:35 p.m. in Hong Kong. The Kiwi added to 86.40 U.S. cents on Mar 18, the level unseen since May 2013.
Back to articles

Actual Topics

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.