RBNZ Wheeler: Rate hikes in New Zealand risks Kiwi appreciation

FXstreet.com (Barcelona) - RBNZ Governor Mr. Wheeler said that a potential increase in interest rates risks further appreciation on the New Zealand dollar, adding that "the housing market is overheated in some areas", while on the the lending restriction measures, Wheeler said there are promising signs suggesting they are working. NZD/USD is largely unchanged on the headlines.