Kiwi Grounded on Wheeler Hinting at Intervention

Reserve Bank of New Zealand Governor Graeme Wheeler is upping the ante in his campaign against the local dollar’s world-beating gains. New Zealand’s kiwi tumbled the most in 11 months yesterday after Wheeler said in his policy statement that its strength was “unjustified” and that he’ll wait befo…

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Kiwi Grounded on Wheeler Hinting at Intervention

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