PDA

View Full Version : NZ Dollar, Swaps Drop; Bollard Sees Record Low Rates to 2010 - Bloomberg



NewsWhore
04-29-2009, 07:20 PM
<img alt="" height="1" width="1">
NZ Dollar, Swaps Drop; Bollard Sees Record Low Rates to 2010 (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601081%26sid%3Da8MfStAhmANI%26refer%3Daustralia&cid=1341568233&ei=hOL4SbncMpm4MeG7gI0I&usg=AFQjCNHJDZHV7WHeC05LuDXTjJ3ZTfuKcA)
Bloomberg
Australia&#39;s currency fell. Governor Alan Bollard cut the overnight cash rate by half a percentage point to 2.5 percent and has now lowered rates by 5.75 percentage points since July to counter the nation&#39;s worst recession in more than three decades. ...


More... (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601081%26sid%3Da8MfStAhmANI%26refer%3Daustralia&cid=1341568233&ei=hOL4SbncMpm4MeG7gI0I&usg=AFQjCNHJDZHV7WHeC05LuDXTjJ3ZTfuKcA)