InvestNow News 31st August – Pathfinder – Be Financially Ready
August 31, 2018
26th August 2018, Stuff.co.nz
The recent sharp fall in the New Zealand dollar highlights that it’s critical for investors to get high-level portfolio decisions right.
The kiwi has been hammered against the US dollar, falling by around 10 per cent since April to a two-and-a-half year low.
The reasons are many and varied, including US interest rates being higher than New Zealand’s for the first time in a generation, and President Trump’s tax cuts fuelling a generally robust US economy …