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View Full Version : New Zealand Faces a Softer Global Outlook, Bollard Says - Bloomberg



NewsWhore
09-21-2011, 03:20 PM
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New Zealand Faces a Softer Global Outlook, Bollard Says (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEOtuqsg_Yb1aNd-bOXCQtvuTmrGw&url=http://www.bloomberg.com/news/2011-09-21/new-zealand-faces-a-softer-global-outlook-bollard-says.html)
Bloomberg
A stronger currency makes exporters&#39; goods and services more expensive to overseas customers. The kiwi weakened 1.2 percent to 81.46 US cents at 1:16 pm in New York. “The New Zealand dollar is squeezing the private sector leading to more moderation in ...

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