NZ First leader welcomes politically driven drop in NZ$


  • World
  • Tuesday, 10 Oct 2017

FILE PHOTO - Winston Peters, leader of the New Zealand First Party, speaks during a media conference in Wellington, New Zealand, September 27, 2017. REUTERS/Charlotte Greenfield/File photo

WELLINGTON (Reuters) - The leader of the small nationalist party that will decide New Zealand's next government said on Tuesday that exporters should welcome a recent fall in the local dollar following an inconclusive general election.

The New Zealand dollar, or kiwi, fell to its lowest levels since late May on Monday after a final tally of votes at the weekend showed the opposition Labour-Green bloc gaining ground over the ruling National Party, although the latter still has the largest number of seats.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

Italy's state TV journalists to strike over Meloni government's grip
Harvey Weinstein's conviction is overturned by top New York court
Russia says it may downgrade ties with US if its assets are confiscated
Iraq hangs 11 convicted of terrorism in latest mass executions, security officials say
Spain prosecutor requests dismissal of corruption case against PM Sanchez's wife
India says US human rights report "deeply biased"
Lawyers seek UN help for release of American held by the Taliban
Trump trial expected to focus on payment to ex-Playboy model
Explainer-How Trump's immunity claim stalled 2020 election subversion case
Kremlin says U.S. long-range missiles sent to Ukraine will not change war's outcome

Others Also Read