New Zealand government formed, Foreign and Finance Ministers announced

[forex4you]

New Zealand government formed, Foreign and Finance Ministers announced

New Zealand National, NZ First and ACT parties sign a coalition
agreement to form government (as expected) 

• Winston Peters
  appointed as New Zealand Deputy Prime Minister for half of the
  three-year parliamentary term; David Seymour will be Dep PM for the
  second half
• Winston Peters
  appointed as New Zealand Foreign Minister
• Nicola Willis to be
  appointed NZ Finance Minister

I posted earlier on Willis' views on the Reserve Bank of New Zealand:

• Willis spoke in an interview with Bloomberg TV and said that if her party won power it'd quickly remove the employment mandate from the Reserve Bank of New Zealand, leaving only the inflation mandate.

ADDED - Incoming PM Luxon confirms that change will be made to the RBNZ remit - focus of monetary policy will be on price stability. 

• also will repeal ban on offshore oil and gas 

NZD/USD is a chopping about on the political news but overall not a lot changed:

                This article was written by Eamonn Sheridan at www.forexlive.com.

Source: New Zealand government formed, Foreign and Finance Ministers announced

forexlive.com