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Currency Zone
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What goes down must come up again?
The value of the New Zealand dollar was artificially lowered by the Reserve Bank to 77c to the US dollar. John Key thinks it should be lowered even further, to the ‘Goldilocks’ level which should be 65c
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Kiwi heads for 2% weekly gain over Aussie
The New Zealand dollar is heading for a two per cent weekly gain against its trans-Tasman counterpart.