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View Full Version : N.Z. May Join Asia Holdouts as Europe Spurs Australia Rate Cut - Bloomberg



NewsWhore
12-06-2011, 08:50 AM
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N.Z. May Join Asia Holdouts as Europe Spurs Australia Rate Cut (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEtNVOFPxL-ajqHYMyneLQM89KUgA&url=http://www.bloomberg.com/news/2011-12-06/n-z-may-join-asia-holdouts-as-europe-spurs-australia-rate-cut.html)
Bloomberg
The risk to New Zealand exports, which make up 30 percent of the economy, has prompted investors to reduce bets that Bollard will raise rates, pushing the nation&#39;s currency down more than 5 percent the past three months. ...

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