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View Full Version : New Zealand Dollar Drops on Concerns Over US Dairy Subsidies - Bloomberg



NewsWhore
05-24-2009, 06:50 PM
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New Zealand Dollar Drops on Concerns Over US Dairy Subsidies (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601081%26sid%3DaGs1EQWxVlvs%26refer%3Daustralia&cid=0&ei=htEZSs6WDorFmQeVxtS9BQ&usg=AFQjCNFqkDLeKj-xprhu79vksWiKQ9aBHQ)
Bloomberg
Australia&#39;s currency also declined. The so-called kiwi dropped as much as 1.1 percent after the US said late on May 22 it would raise subsidies for milk, butter and cheese, allowing exporters to sell products abroad for less than the cost of buying ...


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