Cassino, Enzo; Wallis, Zoe - In: Reserve Bank of New Zealand Bulletin 73 (2010) September, pp. 20-30
In this article, we examine the impact of the global financial crisis on the New Zealand dollar (NZD). The NZD fell, on a trade-weighted basis, by 35 percent over the period from 2007 to early 2009 during the peak of the crisis, and remains around 10-12 percent below its pre-crisis peak. The...