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View Full Version : New Zealand Economy Shrinks 0.9% as Recession Deepens - Bloomberg



NewsWhore
03-26-2009, 07:50 PM
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New Zealand Economy Shrinks 0.9% as Recession Deepens (http://news.google.com/news/url?sa=T&ct=us/2-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3DanXu_I6PieIo%26refer%3Dhome&cid=1320567020&ei=1hXMSbqDJMGosAbcpLD0DQ&usg=AFQjCNEusrLIO-M12I0yQhn3Sd1fkmbfbQ)
Bloomberg
The local currency has fallen 28.5 percent against the US dollar in the past year, the worst performer of the 16 most-traded currencies tracked by Bloomberg. The economy shrank 1.9 percent from a year earlier, today’s report showed. ...


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