No point in NZ trying to drop strong kiwi dollar English

Sun, 01 Jan 2012

By Pattrick Smellie Sept. 20 (BusinessDesk) - Finance Minister Bill English has no truck with mounting calls for intervention by the Reserve Bank of New Zealand to bring down the high value of the New Zealand dollar. Speaking to news media after the release of the new Policy Targets Agreement between the government and the RBNZ's newly appointed governor, Graeme Wheeler, English said the kiwi dollar was high because New Zealand looks healthy compared to other developed world economies. He was responding to suggestions from JBWere's New Zeala...

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