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View Full Version : NZ Dollar Heads for Weekly Drop as US Woes Hit Carry Trade - Bloomberg



NewsWhore
03-06-2008, 04:10 PM
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NZ Dollar Heads for Weekly Drop as US Woes Hit Carry Trade (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601081%26sid%3DaXYI79TTh_ZY%26refer%3Daustralia&cid=0&ei=413QR8L3FI3s-gHDls3qBQ)
Bloomberg - 18 minutes ago
New Zealand&#39;s 8.25 percent benchmark interest rate, kept at a record-high yesterday, makes the currency a target for the carry trade, where funds borrowed ...


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