All Entries in the "Foreign Exchange" Category
More choppy rides for the kiwi
The kiwi looks less likely now to rise past US80c compared to a few months ago. What’s certain is more volatility for the local currency.
It’s still a tough call between the kiwi having seen its peak or… Read more>>
NZ dollar overvalued says IMF
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.
Building a natural hedge against the swinging kiwi
Building a natural hedge into your business can help limit the pain inflicted by wild kiwi dollar swings, veteran exporters say.
BY: Yoke Har Lee
You can’t fight the kiwi’s rising trend but you can certainly evolve your business… Read more>>
Tracking the whimsical kiwi
The New Zealand dollar is getting fundamental support from an improved economic outlook but remains prone to shocks from any bad news.
BY: YOKE HAR LEE
The whacky New Zealand dollar is unlikely to make a straight breakaway from 67c… Read more>>
Collecting my (over)dues
BY: MARY MACKINVEN
Don’t let a day go by once payments are due, before you start chasing a defaulting customer, advises Dun and Bradstreet general manager for New Zealand, John Scott.
“The trail goes colder as time goes on. Some… Read more>>
A game of averages
Five successful exporters from the Bay of Plenty share their war stories on how they have been dealing with the finicky NZ dollar
BY: BOB EDLIN
It’s a difficult time for traders, says HiFX currency specialist Mike Hollows, who urges… Read more>>
NZ currency riding on risk takers’ fancy
Don’t bet on where the NZ dollar is heading. Even the pros are undecided on what the mercurial kiwi will next do.
BY: BOB EDLIN
A greater appetite for risk tolerance – essentially – explains the NZ dollar’s recent strengthening.… Read more>>
Banks slow to budge
Banks have been slow in passing on lower rates to businesses despite the breathtakingly low official cash rates currently seen in New Zealand.
BY: VIRGINIA MCMILLAN
“Our rates haven’t come down” is the message from more than half the Exporter… Read more>>
Hedging Between Sylla and Charybdis
Shrinking demand from your key customers can quickly throw your currency strategies out of whack. In a volatile currency market, hedging can also rapidly increase your risks, experts say.
BY: BOB EDLIN
The experience of F&P Manufacturing has been mirrored… Read more>>
Government dips into exporters’ promised purse to fund other needs
The Enterprise Development Grant-Market Development programme has undergone a recent revamp but exporters still have their bugbear over the pedantic application process. There has been an “underspend” in one year, and the government has also reached into the promised fund… Read more>>
Fixing a not-so-great trading nation
New Zealand’s new trade minister Tim Groser debunks the myth about New Zealand being a small but great trading nation. He says our export as a percentage of GDP is below our peers and we desperately need to grow the… Read more>>
