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View Full Version : NZ Dollar Heads for Third Weekly Gain on Yield Advantage - Bloomberg



NewsWhore
02-28-2008, 04:10 PM
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NZ Dollar Heads for Third Weekly Gain on Yield Advantage (http://news.google.com/news/url?sa=T&ct=us/2-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601080%26sid%3DafhrOhXl7R6g%26refer%3Dasia&cid=0&ei=YyPHR8DZGIG0yQTk1v1w)
Bloomberg - 24 minutes ago
The gap makes the currency known as the kiwi a popular target for the carry trade, where funds borrowed in countries with lower interest rates are invested ...


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