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Re: [sharechat] LEARNING TO INVEST: Barriers to sound investment ( 3 )

From:	"Tony Haddon" <haddon@E3.net.nz>
Date:	Tue, 17 Apr 2001 19:28:02 +1200

Gerry, is there really a link between " increasing invisible payments " and a lower kiwi ?

" Due to increasing " invisible " payments - partly as a result of selling key assets to foreigners - we tend to have reasonable high Balance of Payments Deficits.

However, the resulting lower $NZ is beneficial to exporters. At least, the farmer won't go broke and farm prices tend to be higher. "

rgds Tony Haddon

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