Posts tagged 'Kiwi'

RBNZ is really not the one

Kate is FT AV’s Asia Correspondent. She joined FT Alphaville in mid-2011 after carrying out various roles in the FT’s London office since 2005: interactive editor, companies reporter, and founding editor of the FT’s Energy Source blog.

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| May 08 08:38 | Comment |

New Zealand’s central bank has done what it threatened to do back in February and intervened directly in the country’s rather high exchange rate via the FX markets.

Governor Graeme Wheeler confirmed the RBNZ had been intervening in a parliamentary hearing this morning. From Interest.co.nz: Read more

RBNZ is NOT the one

Kate is FT AV’s Asia Correspondent. She joined FT Alphaville in mid-2011 after carrying out various roles in the FT’s London office since 2005: interactive editor, companies reporter, and founding editor of the FT’s Energy Source blog.

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| Feb 20 08:51 | Comment |

Don’t go messing with the kiwi! The governor of New Zealand’s central bank, Graeme Wheeler, was pretty clear in a speech earlier today:

We believe the exchange rate is significantly over-valued relative to what would be sustainable long term in the absence of sizeable increases in the terms of trade and productivity. Read more