DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister …
Read More »Funds turn bullish on worst-performing New Zealand dollar
Bloomberg These are troubling times for the New Zealand dollar but a whiff of optimism is in the air. The kiwi has been the worst-performing major currency over the past month, tumbling 3.6 percent, after the central bank said the next policy move was likely to be an interest-rate cut. Disappointing first-quarter inflation numbers helped speed its decline. The double …
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