A high-performing Kiwi dollar is seeing exporters grit their teeth .. but letting struggling households breathe a bit easier
A high-performing Kiwi dollar is seeing exporters grit their teeth .. but letting struggling households breathe a bit easier
24 June 2020
The Reserve Bank's expected to keep the Official Cash Rate at 0.25-percent this afternoon.
A bigger talking point among economists is our strong dollar's negative impact on export values.
But, NZIER principal economist Christina Leung says it will keep important household goods - notably petrol - a tad cheaper.
She says for a lot of households facing income and job uncertainty, cheaper living costs might provide them some relief.
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