PDA

View Full Version : New Zealand Dollar Rises as Chance of Interest Rate Cut Recedes - Bloomberg



NewsWhore
10-09-2007, 06:50 PM
New Zealand Dollar Rises as Chance of Interest Rate Cut Recedes (http://news.google.com/news/url?sa=T&ct=us/4-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601081%26sid%3DaeuWQQQdMDGE%26refer%3Daustralia&cid=1121930125&ei=kwQMR9roJZ2G0gHi0_jkCg)
Bloomberg - 1 hour ago
New Zealand's record-high 8.25 percent benchmark rate makes the currency a favorite for the carry trade, where cheaply borrowed yen is used to buy assets in ...



More... (http://news.google.com/news/url?sa=T&ct=us/4-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601081%26sid%3DaeuWQQQdMDGE%26refer%3Daustralia&cid=1121930125&ei=kwQMR9roJZ2G0gHi0_jkCg)