Economists are predicting a price shock as the value of the dollar falls.

The NZ dollar has fallen 3.5 percent over the past three days to 56.3 US cents.

That would push up the price of some imports, but will also make exports more valuable.

Sense partners economist Shamubeel Eaqub spoke to Māni Dunlop about what that meant for New Zealanders, and also whether the Reserve Bank was making decisions in everyone's interests.