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Kiwi multinationals brace as dollar soars.

Authors :
Hunt, Graeme
Source :
National Business Review; 3/24/95, p1, 2p
Publication Year :
1995

Abstract

Focuses on expectations of a fall in profits of companies in New Zealand with offshore investments due to rise in the kiwi dollar relative to the Australian dollar. Losses for listed companies, farmers and exporters to the US dollar zone; Partial offsetting of losses by cheaper imports; Strong performance of kiwi dollar as a reflection of overseas confidence in New Zealand economy.

Details

Language :
English
ISSN :
01106813
Database :
Supplemental Index
Journal :
National Business Review
Publication Type :
Periodical
Accession number :
9504240636