English says kiwi "is a bit too high"

Note: This section contains information in English only.
Source: Bloomberg
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.
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