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User Info RBNZ and RBA worried about the appreciation of their currenc in forum [FX]
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Posts: 4737
Incept: 2008-08-06
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http://www.ibtimes.com/articles/20091026....

Quote:
RBNZ and RBA worried about the appreciation of their currencies-13:25 (CET)

26 Oct, 2009 @ 09:15 am ET | written by Advanced Currency Markets SA

The RBNZ and RBA are worried about the appreciation of the kiwi and aussie. Members of the RBNZ said that the continuous strengthening of the NZD is hurting exports and say there are not "many options" to weaken the kiwi.Among them, they're thinking about a rate cut.


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