The New Zealand dollar is at a three week high against the US dollar.
It is trading at US82.87cents, up from an overnight price of US82.59cents.
This strength is believed to be owing to a suggestion made by a US Federal Reserve official who suggested the American economic recovery is becoming ‘more established'.
1 comment
Mayday, mayday, US dollar is going down
Posted on 20-03-2012 14:04 | By SpeakUp
You can't print paper $$$ in the trillions with other trillions alredy created by debt without one a final reckoning. The NZ dollar is strong because we still got something to produce/sell. Still, in the end the collaps will be a sight to behold anywhere in the world. NZ is not an island.
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