Friday, Jul 20, 2007
No More Vesh And Cheps
scoop: Get our helium-filled Kiwi dollar back to earth
“The international competitiveness of New Zealand’s food producing economy is now in grave danger. New Zealand’s economy fundamentally rests on being competitive in international food markets,” said Mr Macfarlane.
Posted by chris :-)) @ 01:31 PM (267 views) Add Comment
1 Comment
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1. Pinetree said...
what would this do to the carry trade if NZ actually lowered the OCR to dampen demand on it's dollar....against the threat of rising inflation. That might make traders sit up and think about a little more about risk.