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Bollard takes aim at currency


The high New Zealand dollar is undermining economic growth, Reserve Bank governor Alan Bollard said today.

Rob Hosking
Thu, 08 Mar 2012

The high New Zealand dollar is undermining economic growth, Reserve Bank governor Alan Bollard said today.

This morning the country's central bank kept the official cash rate at 2.5% - which was universally expected by economists - but in doing so Dr Bollard has taken a full aim at the

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Rob Hosking
Thu, 08 Mar 2012
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Bollard takes aim at currency
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