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View Full Version : New Zealand Dollar Climbs to Two-Month High on China Monetary Easing Bets - Bloomberg



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01-11-2012, 07:10 PM
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New Zealand Dollar Climbs to Two-Month High on China Monetary Easing Bets (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFQpofgI8PTBD6M6UicvAaOTIoRiw&url=http://www.bloomberg.com/news/2012-01-11/new-zealand-dollar-climbs-to-two-month-high-on-china-monetary-easing-bets.html)
Bloomberg
“If we see inflation slowing, it would give the PBOC room to reduce interest rates, which should obviously help the Chinese economy to grow in the months ahead,” said Derek Mumford, a director in Sydney at Rochford Capital, a currency- risk management ...

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