13 May 2015
RBNZ Wheeler: NZD value unsustainable, unjustified
FXStreet (Bali) - Comments from Reserve Bank of New Zealand Governor Wheeler keep crossing the wires, this time reiterating, once again, that the New Zealand dollar level remains unsustainable and unjustified. Wheeler added that he is worried for the health of the NZ economy if dairy prices stay low another year. Wheeler also said that the RBNZ is still finalizing new forecasts for June MPS.