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RBNZ: Economy recovering faster than others; needs weak currency

By   || July 13, 2009 at 23:25 GMT
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The chief of the RBNZ, Alan Bollard, is quoted as saying that New Zealand is recovering faster than others but care is still needed, as is a weak currency. So of course the market buys NZD! NZD/USD reached a 5-day high at .6350 a few minutes ago.

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