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Currencies – New Zealand Economy Expands, NZD/USD Jumps to Record

Posted on: July 14, 2011

The New Zealand dollar advanced against all 16 most-traded currencies, touching the all-time high versus the US dollar and reaching the highest level since 2005 against the euro, as growth of the New Zealand economy beat estimates. The New Zealand gross domestic product rose 0.8 percent in the fi

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