NZ dollar set to gain vs. yen in 2015, hurting buttercup squash exporters

Sun, 18 Jan 2015

By Tina Morrison Jan. 19 (BusinessDesk) - The New Zealand dollar is expected to gain the most against the Japanese yen this year, providing a significant headwind for buttercup squash exporters in their largest market, following an 8.5 percent rise in the cross-rate last year. Eight of 19 currency strategists, traders and economists surveyed by BusinessDesk picked the yen to be the weakest currency of New Zealand’s major trading partners in 2015 as Japanese Prime Minister Shinzo Abe attempts to revive the world’s third-largest economy and...

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