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NZ dollar falls below 82 US cts after RBNZ's Wheeler says strength still 'unjustified'
By Tina Morrison Sept. 11 (BusinessDesk) - The New Zealand dollar dipped below 82 US cents for the first time in more than seven months after Reserve Bank governor Graeme Wheeler reiterated the local currency's strength remains "unjustified and unsustainable", invoking languag...
Reserve Bank says migration impact on housing 'muted' so far
By Suze Metherell Sept. 11 (BusinessDesk) - The Reserve Bank is keenly watching the impact New Zealand's decade-high net migration inflow is having on the housing market, which it says hasn't pushed up property prices as aggressively as in the past. The central bank is moni...
Kiwi dollar strength still 'unjustified and unsustainable', RBNZ's Wheeler says
By Paul McBeth Sept. 11 (BusinessDesk) - The New Zealand's dollar persistent strength is still "unjustified and unsustainable" after a slump in commodity prices this year, though it should come down as the US Federal Reserve moves away from running a zero interest rate policy,...
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