Wed, Sep 17, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Currencies more

NZ dollar ‘not so over-valued’

Posted on 30 October 2012

The high New Zealand dollar is hitting some parts of the economy, but it is not necessarily that overblown, with “fair value” at US74c to US76c, according to a report by ASB Bank.
And based on the bank’s view of recovering commodity prices in the coming year, it suggests the currency is likely to stay at about US77c in the near future, according to ASB’s latest quarterly forecasts………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 36970 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
September 2014
S M T W T F S
« Aug    
 123456
78910111213
14151617181920
21222324252627
282930