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View Full Version : ANZ National Says New Zealand Economy May Shrink 3% This Year - Bloomberg



NewsWhore
02-22-2009, 06:30 PM
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ANZ National Says New Zealand Economy May Shrink 3% This Year (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601081%26sid%3DatSJniKo8jas%26refer%3Daustralia&cid=0&ei=kuChSeiWIsyGmQeBhoDKDA&usg=AFQjCNHUr5W3Db634nraTwGG8JbZ_RCQfA)
Bloomberg
ANZ National, the nation’s biggest lender, said the New Zealand dollar will slump to 41 US cents by the fourth quarter, from 50.9 cents today as the currency acts as “the release valve for the economy.” ANZ National hasn’t changed its forecast that ...


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