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New Zealand Intervenes on Behalf of Kiwi20th June 2007 After watching the New Zealand Dollar (Kiwi ) rise to a 22-year high in trade-weighted terms, the Bank of New Zealand decided it had had enough and intervened directly in forex markets to hold down the value of the currency.? Last week, the Bank was forced to raise interest rates due to soaring... This article is courtesy of Forex Blog US Dollar /Swiss Franc Technical Levels | US Dollar / Japanese Yen Technical Levels | Euro / US Dollar Technical Levels Categories: Forex News |
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