Topic “NZ dollar” — Exporter Magazine
The New Zealand dollar rose to its highest level against the greenback since it floated in March 1985 on improving risk sentiment and talk of Asian funds’ interest in assets such as government bonds, according to the NZ Herald. The International Monetary Fund (IMF) estimates the New Zealand dollar is overvalued by 10% to 25% buts maintains the Kiwi’s free floating exchange rate is appropriate for the country. 
