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View Full Version : New Zealand Dollar Rises a Second Day on Lure of Higher Yields - Bloomberg



NewsWhore
04-07-2008, 06:50 PM
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New Zealand Dollar Rises a Second Day on Lure of Higher Yields (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601081%26sid%3DaAThu.TomLSA%26refer%3Daustralia&cid=1149050490&ei=bKX6R4uZEo3y-wHMhpmxCQ&usg=AFrqEzcoSFW9iGL7rMDOPzPkWCKdPmb3hw)
Bloomberg - 1 hour ago
New Zealand&#39;s record benchmark interest rate is 8.25 percent, making the currency a favorite for the so-called carry trade where investors borrow cheaply in ...


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