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The New Zealand Dollar (NZD) is on fire lately. Despite the efforts of the central bank to move away from a stronger currency in recessionary times.
The latest employment data out of New Zealand confirms a potential economic recovery. The island nation managed to handle the coronavirus outbreak in an exemplary manner, gaining the world’s admiration in the process.
Emerging vs Developed Currencies
We should make a distinction between developed markets currencies and emerging market…
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