Disliked{quote} A storm in a tteacup) Tell me who isn't? But NZ still relatively i. A good shape, chinese may not be buying a lot of minerals but still keep buying melamine free milk for their kids! Export is only 30% of NZ economy and 30% also government share in GDP. Low interest keep the borrowing costs for government and they want it this way. Look at provate secotor debt is going through the roof and they always chickened out hiking benchmark rate. As long as swap rates stay low, NZ won't be risky investment, so maybe kiwi pairs maintain trndless...
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