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View Full Version : NZ Stocks affected by USD/NZD swing



cdonald
08-12-2014, 06:20 PM
Hi, anyone got any ideas on which stocks are likely to benefit from the lower NZD? Are there any stocks out there that have high exposure to the exchange rate? I am thinking a bit out side the box on this one. for example, would Pumpkin patch benefit from the lower NZD as online shopping is becoming more expensive. Would stores like the Warehouse have reduction in sales and margins due to higher costs. Also stocks like NZR which, despite being located in New Zealand, receives 90% of its income in USD. Any that I have missed?

BFG
08-12-2014, 06:29 PM
FPH, RAK, DIL, XRO (ramping up), ATM (soon) to name a few...

dingoNZ
08-12-2014, 08:50 PM
FPH, DIL, XRO (barely..), FBU somewhat follows the movements because of the correlation to the AUD