Showing posts with label Falling NZ dollar. Show all posts
Showing posts with label Falling NZ dollar. Show all posts
Monday, October 5, 2026
Dr Bryce Wilkinson: Why is the New Zealand dollar falling, and what could it mean for prices?
Labels: Dr Bryce Wilkinson, Falling NZ dollarMight the plunge in the value of the New Zealand dollar in the last five weeks make you poorer?
The reason for asking is that, on 29 September, a New Zealand dollar bought 5.1% fewer US dollars than on 24 August, 3.1% fewer Australian dollars and 4.6% fewer units of the Reserve Bank’s basket of currencies.
What does this mean for you, what is behind it, and what, if anything, should be done?
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