New Zealand's short- and medium-term real exchange rate volatility: drivers and policy implications

Release date
04/06/2013
Reference
AN2013/03
Authors
Willy Chetwin; Tim Ng; Daan Steenkamp
ISSN
2230‐5505
Some simple cross-country comparisons of exchange rate volatility are presented, suggesting that New Zealand's exchange rate has been more volatile than those of many of its peers. The note also discusses possible reasons for the volatility, and possible policy responses.