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Giskard
Giskard
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New Zealand seems to have strong economy and governed well by the RBNZ. Agreed that recent decrease in the dairy prices globally has some negative effects on the economy. But with athe large service sector of the country, why is the Kiwi dollar keeps weakening against USD, GBP, AUD, etc. in the recent monthmonths? Is the economy of the country is really in a bad shape?

New Zealand seems to have strong economy and governed well by the RBNZ. Agreed that recent decrease in the dairy prices globally has some negative effects on the economy. But with a large service sector of the country, why is the Kiwi dollar keeps weakening against USD, GBP, AUD, etc. in the recent month? Is the economy of the country is really in a bad shape?

New Zealand seems to have strong economy and governed well by the RBNZ. Agreed that recent decrease in the dairy prices globally has some negative effects on the economy. But with the large service sector of the country, why is the Kiwi dollar weakening against USD, GBP, AUD, etc. in recent months? Is the economy of the country really in a bad shape?

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dbm
dbm
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Why New Zealand dollar keeps falling against USD and other currencies?

New Zealand seems to have strong economy and governed well by the RBNZ. Agreed that recent decrease in the dairy prices globally has some negative effects on the economy. But with a large service sector of the country, why is the Kiwi dollar keeps weakening against USD, GBP, AUD, etc. in the recent month? Is the economy of the country is really in a bad shape?