Economy: Economic News, Policy & Analysis - The Washington Post: In global currency war, a new front opens in the South Pacific

Economy: Economic News, Policy & Analysis - The Washington Post
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In global currency war, a new front opens in the South Pacific
May 15th 2013, 00:50

From (way) down under comes a new front in the push and pull over world currency values: Stung by the rise in the New Zealand dollar, affectionately known as the kiwi, the country's central bank last week acknowledged that it had intervened in foreign exchange markets to try to fight any further appreciation.

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