NZD drops

Hi,

With the announcement of the new labour government, NZD tumbled.

Based on historical evidence, and/or speculation, how low could NZD drop, before it stabilizes?

Cheers

Quote:

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Originally Posted by NZT

Hi,

With the announcement of the new labour government, NZD tumbled.

Based on historical evidence, and/or speculation, how low could NZD drop, before it stabilizes?

Cheers

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Based on speculation only, a low of USD0.695 and USD0.740 by Christmas.