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

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

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.