RT @OECD: "People should be at the centre of policies" - #ChampionMayors commit to #Seoul Implementation Agenda https://t.co/7OUNmAZCON (PD…
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@GaneshAhirao You are right - courage to confront the doomsayers is key.
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@GaneshAhirao @NZMorningReport Worries always overblown - take currency range over past year last days = nothing si… https://t.co/7SOCTB8oMR
21/10/2017 12:44 AM
RT @stujanderson: Amazing how few understand this. Nothing suddenly happened to supply 20 yrs ago - but lenders did start dishing out 7 x e…
16/10/2017 11:04 PM
RT @spexyone: Are you of a certain age ? https://t.co/lVlkwuH5jD
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RT @paulkrugman: Zombie ideas are claims that have been proved false but just keep shambling along. GOP tax plans are totally infested. A p…
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RT @HarvardBiz: Understanding the science of innovation could make all the difference in your ability to compete https://t.co/3r21BXPJKE
16/10/2017 8:58 AM
https://t.co/iO6E5xPqQZ
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RT @TheMFGnetwork: Event Reminder 16/10 @bernardchickey workshop: Connection between Govt economic policies& manufacturers’ bottom line htt…
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RT @Adherium: Scott Fleming, Sr. Vice President at @Adherium accepting the award for Best Implementation of Digital Healthcare at the OBN A…
14/10/2017 8:18 AM
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4
JUN 10

Another Fun One




“Over the years, New Zealand financial management, in particular the central bank, has been outstanding,” Loomis’ Fuss said. An independent central bank “is a tremendous asset to a country and for investors. New Zealand’s got it,” he said.

Guess what Loomis Fuss does for a living?

Average daily trades in New Zealand’s currency amount to about 43 percent of the nation’s gross domestic product, according to Bloomberg calculations using the most recent data from the Bank of International Settlements. That’s the biggest proportion among the 16 most-traded currency pairs, just above the level for the Swiss franc.

http://www.bloomberg.com/apps/news?pid=20601080&sid=avbWVDmHK8MA

Shame we can't say the same about the trade exposed economy.

 


 


tags: currency trading, gnp to daily trades, central banks
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