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View Full Version : NZ Dollar Drops on Rate-Cut Concerns, Australia's Declines - Bloomberg



NewsWhore
04-26-2009, 08:10 PM
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NZ Dollar Drops on Rate-Cut Concerns, Australia&#39;s Declines (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601081%26sid%3DaJmJJ.CGf87g%26refer%3Daustralia&cid=1342025130&ei=p-v0SbvmJMigmAe7hNnYAQ&usg=AFQjCNFVYtOOu4j5aQ4nrzAsq_mAIbaYzQ)
Bloomberg
Australia&#39;s currency also fell. New Zealand&#39;s dollar dropped versus the yen and the greenback with economists projecting a reduction of 50 basis points, or 0.5 percentage point, in the benchmark rate to 2.5 percent. Higher rates in New Zealand and ...


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