Election uncertainty spells short-term turbulence for NZ dollar

The kiwi is already under pressure. (Image: Getty)

Tue, 10 Oct 2023

Saturday's election looms as a potential harbinger of short-term turbulence for the already beleaguered New Zealand dollar.Given the election will more than likely mark the end of a single-party government, the shape of the new regime will depend on a coalition. NZ First and Winston Peters will, more likely than not, be needed for the National and Act parties to form a government, according to the New Zealand Herald’s poll of polls. There is also an increasing chance of needing to have another election if Peters cannot cut a...

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