Economic weather report: New Zealand dollar weakening vs Australian dollar
25th Feb 10, 12:39pm
by
Watch on our video page here. 
Watch on YouTube here. Bernard Hickey delivers an economic weather report in association with the BNZ on how the New Zealand dollar is weakening towards a 9 year low versus the Australian dollar because the Australian economy is growing faster with higher interest rates than the New Zealand economy and interest rates. This is great news for our manufacturing exporters and tourism operators, given Australia is our largest exporting destination and our biggest source of tourists.
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