New Zealand Finance Minister Steven Joyce:

  • Says New Zealand firms are coping well with NZD at current levels
  • NZD reflects strong New Zealand economy
  • Unperturbed by NZD strength

Headlines via Bloomberg, Joyce speaking in an interview in Wellington, New Zealand

More:

  • never going to offer an opinion on the exact rate of the NZD, but NZ economy & businesses performing very well at these current levels
  • Firms buying capital goods benefitting
  • Consumers benefitting from low levels of imported inflation

NZD popped on the open-mouth policy from Mr. Joyce: