01592cas a2200241 a 4500 AALejournalIMF009270 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451830354 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. New Zealand : Selected Issues. Washington, D.C. : International Monetary Fund, 2007. 1 online resource (43 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This Selected Issues paper analyzes the underlying factors that explain the behavior of the Kiwi dollar. The findings suggest that the factors influencing the New Zealand dollar have been changing. The paper discusses that as New Zealand has become more integrated in global capital markets over time, the Kiwi dollar has become less of a commodity currency and more of a global currency that is influenced by interest rate spreads and global risk factors. The paper also looks at the strong preference for housing over financial assets exhibited by New Zealand households. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2007/151 Full text available on IMF http://elibrary.imf.org/view/journals/002/2007/151/002.2007.issue-151-en.xml IMF e-Library