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07-30-2010
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#1 (permalink) |
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Senior Member
Join Date: Dec 2006
Posts: 33,021
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NZ dollar falls after OCR hiked
The New Zealand dollar fell sharply on a day the Reserve Bank of New Zealand (RBNZ) hiked the official cash rate (OCR) by 25 basis points to 3 per cent.This is the opposite to what usually happens but investors opted to take more...
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