How low does the dollar go?

[brettdale]

Eventually, NZ dollar should fall below 50C in its next cycle. It could happen in 2018/19. It is due for fall after staying strong for a long period. In the current cycle already it topped and has started its down trend. Once it recorded low of 0.39 in October of 2000.

It could fall that quickly?

Below 50c in 2018?? Your taking the mikey? right??

Im a pessimist, but I dont see it getting below 50c, that fast.

[winner69]

With a new growth orientated RB Governor probably with ‘managing’ unemployment as part of the new manadate along with Kiwibuild building zillions of new houses surely the consequences of this will inevitably lead to a rising currency

And has any government / RBNZ efforts to ‘lower’ the exchange rate ever worked in NZ, except straight out devaluation?