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View Full Version : New Zealand Dollar Rises on Increased Demand for High Yields - Bloomberg



NewsWhore
05-13-2008, 12:50 AM
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New Zealand Dollar Rises on Increased Demand for High Yields (http://news.google.com/news/url?sa=T&ct=us/7-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601081%26sid%3DawvK12RWxDqc%26refer%3Daustralia&cid=1212425850&ei=ZR4pSI6fC5ru8ASP0uzLDg&usg=AFrqEzfBGtwdeK7dpgfzM6TzVXLTHtsobA)
Bloomberg - 6 hours ago
New Zealand&#39;s benchmark interest rate is 7.75 percentage points higher than Japan&#39;s, making the currency a favorite for the so-called carry trade where ...


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