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New Zealand businesses were already stepping up their currency hedging before today’s surge in the kiwi dollar.
The kiwi topped US83c in the wake of the US Federal Reserve’s announcement of a third, and open-ended, wave of quantitative easing.
But New Zealand firms had already concluded
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Rob Hosking
Fri, 14 Sep 2012
Fri, 14 Sep 2012
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Firms move to boost currency hedging as dollar surges
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