31 Oct 2017
NZ Fin min - "not especially" concerned by the drop in NZD
- New Zealand Finance Minister Grant Robertson says the drop in the Kiwi dollar is 'natural' afte a change in government.
NZD/USD has shed around 3.5 per cent since October 19, The currency pair hit a low of 0.6818 on Friday. Robertson, while talking to RNZ, said -
- "Any volatility we've see is a reaction to a change of government that would happen at any time anywhere in the world"
- "I'm sure that the markets will see that they can be confident in our Government."
- "Not especially" concerned by the drop.
- "I'm sure over time equilibrium will be found."