NZ: Changing exchange rate costs wine industry millions

Jan 8, 2012

(Stuff) - The wine industry is losing $80 million a year in exchange rate fluctuations, prompting an industry spokesman to call for "sensible monetary policy". A strategic review of the $1.1 billion wine industry by PriceWaterhouseCoopers said exchange rate changes since 2007 were robbing the sector of tens of millions of dollars annually.

Share: Delicious Digg StumbleUpon Reddit Furl Facebook Google Yahoo Twitter

Comments:

 
Leave a comment





Advertisement