- High level creates discomfort .
- Puts pressure on exporters .
- Disagrees with idea that NZD/USD should be devalued.
- Says NZ government using indirect pressure to try to bring NZD/USD down .
- Would be irresponsible to to instruct central bank to intervene .
In the meantime NZD/USD in the middle of tonight’s range at 0.8091/96 .