As New Zealand prepares for negative rates, kiwi acquires yen’s stripes
New Zealand once boasted one of
the world’s highest-yielding currencies, making it a favourite
for investors chasing income – now, growing prospects of
negative interest rates at home have lumped the kiwi with
Japan’s safe and boring yen.
the world’s highest-yielding currencies, making it a favourite
for investors chasing income – now, growing prospects of
negative interest rates at home have lumped the kiwi with
Japan’s safe and boring yen.
Posted by Reuters
