Tuesday, May 15, 2007
As mentioned earlier something has to give and if they dont do something quick its the Economy you Idiots !!!
bloomberg.com: New Zealand Dollar Gains as Higher Rates Entice Carry Trades
The strength of the New Zealand dollar, encouraged by higher interest rates, will tend over the long term to reduce the investment in exporters, Finance Minister Michael Cullen told Radio New Zealand today.
``The way in which it is operating is causing unnecessary stress on the export sector,'' he said. ``We've got exporters in significant trouble.''
Posted by chris @ 12:02 AM (149 views) Add Comment
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