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View Full Version : NZ Dollar Drops as US Housing Slump Revives Credit Concerns - Bloomberg



NewsWhore
09-05-2007, 07:50 PM
NZ Dollar Drops as US Housing Slump Revives Credit Concerns (http://news.google.com/news/url?sa=T&ct=us/2-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601080%26sid%3Da._l4BmyNroo%26refer%3Dasia&cid=1120385592&ei=EUDfRtyHMY740QGh_LyhCA)
Bloomberg - 2 hours ago
New Zealand's currency, known as the kiwi, is a favorite for the carry trade, where investors take advantage of the 7.75 percentage point gap between the ...



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