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Dollar tipped to fall further as milk price plunge snowballs

Jamie Ball
Wed, 30 Jul 2014

The Kiwi dollar may continue to fall over coming weeks, as the ramifications of yesterday’s farmgate milk price forecast announcement by Fonterra [NZX: FCG] are better understood.

The lower forecast could remove over $4 billion from the economy over the coming year, economists say.

Fonterra

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Jamie Ball
Wed, 30 Jul 2014
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Dollar tipped to fall further as milk price plunge snowballs
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