New Zealanders in the U.S. are paying more than they are receiving

The New Zealand dollar is trading below $1 per pound, its lowest level in more than a year, as investors scramble to buy gold and other assets to boost the country’s finances.

The low-level move is in contrast to other nations, which have seen their currencies move lower as investors have poured into equities and bonds, according to data compiled by Bloomberg.

Investors have also piled into bonds, which are generally considered safer. Bloomberg