Kiwi $ volatility


Brian Gaynor in his NZ Herald column today looks at why the volatility of the NZ$ is so pronounced.

Incredibly the volume of global currency trades in the NZ$ has markedly increased in recent years.

The article is well worth reading as it goes some way to explaining why NZ businesses are perhaps more impacted by currency volatility than those in other countries.

The question of currency risk is one that needs to be guarded against, but for many NZ companies effective risk mitigation in this area may not be possible.

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