NZ dollar will remain well supported as growth accelerates, AMP Capital says

Tue, 15 Oct 2013

By Tina Morrison Oct. 15 (BusinessDesk) – The New Zealand dollar, which has gained 2.6 percent the past month, is likely to continue to find favour on the back of an improving economy, according to investment fund manager AMP Capital New Zealand. “The New Zealand dollar we think is likely to remain reasonably well supported,” AMP Capital NZ chief economist Bevan Graham told a media briefing in Wellington today. “The growing list of positives is growing still. We think we are going to see pretty robust growth over the next couple of quarters...

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