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10-23-2008
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#1 (permalink) |
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Senior Member
Join Date: Dec 2006
Posts: 35,598
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Currency: Dollar rises on rate cut
The New Zealand dollar managed to rise when the Reserve Bank cut the official cash rate by 100 basis points to 6.5 per cent today.It was not what usually happens when interest rates are cut but there was a rumour in London overnight...
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