RBNZ’s Bascand – NZ economy is less vulnerable to shocks

Omkar Godbole FXStreet Contributor

Comments from Reserve Bank of New Zealand Deputy Governor Bascand crossing the wires via Reuters –

NZ economy is less vulnerable to shocks

Net foreign liabilities as share of GDP are at the lowest since 2009

NZ has become less reliant on off shore funding over the past decade

Author

Omkar Godbole

FXStreet Contributor

Omkar Godbole, editor and analyst, joined FXStreet after four years as a research analyst at several Indian brokerage companies.

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