The annual re-weighting of the Trade-Weighted Index (TWI) takes effect on Wednesday 16 November 2016.
The TWI is a measure of the value of the New Zealand dollar relative to the currencies of New Zealand’s major trading partners. There are 17 currencies included in the TWI and each currency is weighted using the country’s bilateral trade with New Zealand.
The interesting thing is the reduction of our traditional business partners and increasing importance of the countries that you may not have even wondered about
Click here for further information