Here's our summary of key economic events overnight that affect New Zealand, with news the screws are tightening for big property investors. A week ago it was 4.62%. But a week ago it was 63.8 USc so the cumulative fall is more than -2c or a -3.4% devaluation. That all means the TWI-5 has fallen -40 bps from yesterday to 69.5 and is down -150 bps from a week ago. A week ago it was at US$30,316 so a -% slip from then.

Source: New Zealand Herald July 22, 2023 02:38 UTC