New Zealand Dollar

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New Zealand Dollar

The currency of New Zealand. It was introduced in 1967, replacing the New Zealand pound. It was initially pegged to gold through the U.S. dollar. After the end of the Bretton Woods system, it remained pegged to gold, then later to a currency basket. It has been a floating currency since 1985.
References in periodicals archive ?
Pressure in the New Zealand money market also emerged from August 2007.
11) As illustrated before, New Zealand money market spreads were highly correlated with movements in US spreads during the financial crisis.
On their face, the New Zealand money data would appear not to offer much predictive value for inflation, even in the long run.

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