The kiwi touched 71.27 US cents, its lowest since March 2011, and was trading at 71.74 cents at 8am in Wellington, from 72.42 cents at 5pm yesterday. The trade-weighted index fell to 75.26 from 75.92 yesterday. . . .
This is the floating currency working as it should and a lower dollar will make it a little easier for all exporters.