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View Full Version : NZ Dollar Drops on US Dairy Subsidies; Australia's Declines - Bloomberg



NewsWhore
05-24-2009, 10:00 PM
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NZ Dollar Drops on US Dairy Subsidies; Australia&#39;s Declines (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601081%26sid%3DaOKLZLYSdim4%26refer%3Daustralia&cid=1247445206&ei=Hv4ZSqbGII3VjAfRq7y_BQ&usg=AFQjCNFvF6fgqaB_iGVaUXk2CFMuz2BI0Q)
Bloomberg
Australia&#39;s currency declined from near an eight-month high. 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 ...


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