Discussing :: The NZ Dollar slide, winners and losers.

#1

Ricky
The NZ Dollar slide, winners and losers.

We have enjoyed for sometime a high New Zealand dollar. Its meant we have had good buying power but now the pressure in on as US recovery starts to gain momentum. What will it bring for us? Are we headed for harder times still? Will it mean dearer fuel but cheaper milk?

#2

Chris

Who cares about milk... our economy needs to go horticulture & less based on exploiting annimals

#3

Raven

The oil moguls just need to think the dollar sneezed to have an excuse to put the price of petrol up. We probably haven't even received a shipment that we've had to pay for with the weaker dollar, but they put the prices up quick smart.

#4

thochaos

I buy a lot of stuff online from the States and while it's nowhere near as bad as it once was, it's definitely starting to have a bit of an effect on the ol' bank account now.

#5

mike

I hope it continues to drop, its been overvalued for far too long, as an exporting country we really need a lower exchange.

#6

Sarah

I often buy thing from overseas and the exchange rate is really great at the moment if the dollar goes down too much I might have to stop

#7

Crunch

We've got to get our dollar down as at the moment it's being over inflated buy overseas investors.All very well for them to be making a great profit at our expense but they're not trying to live here.New Zealand is a great country to live in but soon it will be for the wealthy only.

#8

SJPONeill

Bring back Rob Muldoon and compulsory devaluation!! Bugger 'market forces...

#9

Kiwi Gas

We've enjoyed a prolonged period of a strong Kiwi dollar, although the party may be over soon. It's not particularly helpful for our economy, but it does make those lovely imports all the more tempting. Items like books, CDs and electronics are heaps cheaper when imported, but the message should be 'get it while you can'.

Latest discussions

Endorsed Events

  • SpringBreak FIJI SpringBreak FIJI

    Surrounded by nothing but tranquil water, SpringBreak Fiji brings together the best of everything

  • The Fijian Cup The Fijian Cup

    The Pacific Touch Rugby festival (Fijian Cup and Kava Cup) is underway on November 2, 2017 and with support from Touch Fiji and...

  • Rock Island VANUATU Rock Island VANUATU

    Rock Island is an all inclusive fully immersive travel experience which was brought into the music festival scene by The Rock and...

  • TourismHQ TourismHQ

    With seven years and growing under their belt; TourismHQ has established and continues to deliver on their extensive wealth of...

  • SPRING BREAK FIJI