Navigating Exchange Rate Shifts – Preparing for Industry Adjustments

As we move into 2025, the textiles industry in New Zealand faces new challenges with increasing exchange rate volatility. Over the past year, we have enjoyed relative stability, with the NZD averaging around 0.60 against the USD until November 2024. However, in recent months, the exchange rate has dipped as low as 0.55—an 8.3% decline—before