RBNZ Wheeler: NZD still has further to fall, level unjustified and unsustainable

FXStreet (Bali) - RBNZ Chief Wheeler said that the Kiwi level remain still unjustified, unsustainable, adding that the exchange rate still has 'further to go', also saying that the extent of further falls may depend on USD performance.

Nov 11, 2014

RBNZ's Wheeler: LVR limits likely eased, rather than removed

RBNZ's Wheeler, at the post Financial Stability Report press conference, said that the RBNZ will likely ease LVR limits, rather than removing them, adding that the measures are still meant to be temporary, not permanent, reports Reuters.

NZD/USD suffers on Wheelers comments

NZD/USD is trading at 0.7797, up 0.67% on the day, having posted a daily high at 0.7844 and low at 0.7713.