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NZ dollar expected to gently decline, hedging attitudes evolving

The NZD/USD is expected by businesses trading internationally to be just above $0.65 in twelve months.

Only those which both import and export see a drop in FX turnover in the next 12 months and even then only 0.1%.

Firms with a turnover of $30-150m have seen a significant shift in FX hedging attitudes.

Economic research - Access trends and financial news | ASB Kiwi Dollar Barometer NZ dollar expected to gently decline, hedging attitudes evolving