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View Full Version : NZ Dollar Touches Two-Week High as Pace of Rate Cuts to Ease - Bloomberg



NewsWhore
03-11-2009, 06:50 PM
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NZ Dollar Touches Two-Week High as Pace of Rate Cuts to Ease (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601081%26sid%3DaQdKA_1jPxTg%26refer%3Daustralia&cid=1313391777&ei=_kC4SfOJE4-psAaWzZzBBw&usg=AFQjCNFRA1pEgAu55zG-LVhwB33DQ2rssQ)
Bloomberg
Australia’s currency gained. The New Zealand currency also strengthened against the yen and reached a 1 1/2-week high against Australia’s dollar after Bollard lowered the benchmark rate by 0.5 percentage point to 3 percent and said further reductions ...


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