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NZ dollar slips down - a blip or a break?

Rob Hosking
Wed, 09 May 2012

The New Zealand currency has headed down again – and strategists are divided as to whether it keeps sliding or not.

The kiwi has taken a long dip since late last week, but the reason is offshore economic instability rather than attempts at jawboning by New Zealand policymakers.

The drop

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Rob Hosking
Wed, 09 May 2012
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NZ dollar slips down - a blip or a break?
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