As per the Moody's Analytics, the so called 'currency war' that is going on between the superpowers of the word will not be affecting New Zealand in any way.

This immunity has come because of the super growth that the Australian economy coupled with the fact that the US dollar has been surging during this while.

In a note submitted by the economist Matthew Circosta said that since Australia, which is the biggest market for New Zealand, is growing well, there is a positive note for the economy. And also because the kiwi dollar has gone down by 7.2 per cent against the Australian dollar, it has increased the competitiveness of the economy.

And while the Kiwi dollar has had a greater value as compared to the US dollar, it is still more competitive and that is not going to hurt the export of the nation in anyway.

This better situation is also going to benefit the country in the long term as well since the demand for soft commodities are growing. Most of the demand comes from Australia and Asia.