It's down against USD but up against Australia? It's also only fallen to what it was a few months ago.
Seeing as it's up against AUD I'm more inclined to think that the fall is more to do with US rather than NZ. Also, NZD is in the top ten most traded currencies in the world, the government is only a part of what it's worth.
I remember a few years ago the reserve bank tried to use some of it's foreign currency reserves to halt the growth of NZD but that made barely a blip.
But, we're an exporting country - ultimately it's good for our economy for the dollar to sit a little lower than our partners.
The problem you are going to have is that you have a donkey as Deputy PM and the same as Foreign Minister.Of course you then have the Greens who could upset the apple cart at any time.
Better then a Don Key.
He's a smart fella isn't he. Rooted the majority of kiwis so his rich prick friends got richer.
Inflated house prices then sold his house, left his job because he saw his time coming, now has been rewarded by the bankers whom he made rich with a cushy job. No doubt he is also being paid in Ausi dollars so is benefiting from the exchange rate. Now his dick head son is threatening to run for PM
NZ is better off without that type. Fudge yes, upset the apple cart